Once a hotbed for real estate investments, NCR is now among the worst hit by the real estate crisis with a whopping five lakh flats stalled in various stages of completion but paid for by homebuyers, according to multiple estimates. The Union Budget 2019-20 has not brought cheer to homebuyers of Delhi-NCR as they had pinned their hopes on relief for housing projects that are stuck rather than the enhanced deduction on housing loan interest that finance minister Nirmala Sitharaman announced on Friday. Once a hotbed for real estate investments,Read More

Budget 2019 has made provisions for further tax relief for Indian citizens. A tax deduction of Rs 1.5 lakh was announced in the Budget on loans taken to purchase electric vehicles. In one more offer to advance electric vehicle in the Union Budget 2019, Finance Minister Nirmala Sitharaman reported that there will be a personal duty reasoning of Rs 1.5 lakh on credits taken to purchase e-vehicles. Nirmala Sitharaman, who made her lady Budget discourse in the Parliament on Friday, reported an assessment finding of Rs 1.5 lakh on advancesRead More

After the Budget announcement of a cess hike on fuel prices, petrol prices shot up by Rs 2.5/litre and diesel prices have shot up by Rs 2.30/litre. HIGHLIGHTS Petrol, diesel prices have shot up by over Rs 2 The Union Budget has hikes cess on fuel prices Petrol will be costlier by Rs 2.50/litre and diesel by Rs 2.30/litre Inside hours of the Union Budget reporting a climb in cess on auto fuel costs, oil costs shot up by Rs 2.50/liter while diesel costs have gone up by Rs 2.30/liter.Read More

Nirmala Sitharaman announced an additional Income Tax deduction of Rs 1.5 lakh on affordable home loans. As per the proposal, income tax payers will get tax rebates of around Rs 3.5 lakh on loans of up to Rs 45 lakh borrowed upto March 31, 2020. HIGHLIGHTS Finance Minister Nirmala Sitharaman announced an additional Income Tax deduction of Rs 1.5 lakh on affordable home loans As per the proposal, income tax payers will get tax rebates of around Rs 3.5 lakh on loans It is applicable on loans of up toRead More

Arun Jaitley said the Budget 2019-20 focuses on accelerating the direction of the past and expands the roadmap on which the prime minister has built up India’s growth story from 2014-19. Previous Finance Minister Arun Jaitley Saturday said the Budget 2019-20 sets out the guide for India to get back on the high development track and depends on the reason that economies which pursue judicious financial strategies in the long run get compensated as against those which enjoy monetary adventurism. In a Facebook post multi day after the Budget introduction,Read More