Tag: Interim Budget 2019

Defence budget hiked to Rs. 3,05,296 crore in India

NEW DELHI: About Rs. 3,05,296 crore have been provided in the Budget Estimates for 2019-20, compared to Rs. 2,82,733 crore provided in 2018-19 Budget Estimates. The figures were revised to Rs. 2,85,423 crore in the Revised Estimates of 2018-19. While presenting the Interim Budget 2019-20 in Parliament the Union Minister for Finance, Corporate Affairs, Railways […]

India allocates Rs 60,000 crore for MGNREGA in Interim Budget 2019

NEW DELHI: The government of India on Friday proposed to allocate Rs 60,000 crore for rural employment scheme under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) for the year 2019-20. The amount allocated for 2019-20 is 11 per cent higher compared to Rs 55,000 crore allocated for the year 2018-19. The revised estimate […]

Affordable Housing gets another boost with year’s extension of Section 80-IBA of the Income Tax Act: Dr. Hiranandani

NEW DELHI: Homer seekers have reason to be happy with the budget speech of the finance Minister Piyush Goyal, said Dr. Niranjan Hiranandani is President (Nation), National Real Estate Development Council (NAREDCO). “For real estate in general and housing in particular, this is a positive budget speech. For the economy, it focuses on the farm sector […]

A mixed bag of reactions by realtors on Interim Budget 2019

NEW DELHI: Presented by the interim finance minister Piyush Goyal in Parliament today, the interim Union Budget 2019-20 has much to offer to the real sector. From lending a stronger back to the middle-class section of the country to providing some relief to the real estate developer the interim budget came with plenty of perks […]

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