The NBFC liquidity crisis may have played spoilsport last year but a few real estate sector-friendly proposals in Budget 2019 may bring some cheer to the ailing hopefully will bring some cheer to the market
Developers The union budget provided a significant boost for affordable housing, by granting it an industry status and all the listed real estate stocks reacted positively. However, whether these incentives will entice the developers R
“We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits,” finance minister Arun Jaitley, announced in his R
Reduction in tenure of long-term capital gains Real estate investors, who were looking for a quick exit option to switch their investment or to book profits, were often discouraged by the long-term capital gain R
Budget 2017: For individual home buyers No change in home loan exemptions With skyrocketing prices of homes, in big as well as small cities, the average size of the home loan that an R
Income earned from a property that is owned by a tax payer, is taxed under the head â€˜income from house property‘, whether it is a residential or commercial property. Â Basis for taxation If R
Income tax laws allow tax payers to claim various benefits, with respect to the house occupied by the assessee â€“ whether it is owned by you or taken on rent. Conditions for claiming R
Many individuals file income tax returns online. But the focus is on completing a formality and in that hurry certain things are missed.