An important announcement was made in the Union Budget 2016,where first time home buyers will benefit from an additional tax relief of Rs 50,000 per anum, where the cost of the house doesn’t exceed Rs 50 lakh and the loan amount is Rs 35 lakh. In this video, Adhil Shetty – Founder & CEO, BankBazaar, breaks down this information for us and tells us how the budget will impact Home Loan borrowers.
The 2016-17 Budget identifies 9 pillars through which the government aims to transform the rural economy, while boosting urban growth and development. The FM also stressed that India remained resilient in the face of the global economic crisis.
Of late, consumers and enterprises in India have been feeling a lot like Aussie bowler Mitchell Johnson in the recent AUS-NZ World Cup face off. If Johnson was left battered after having ducked blow after bludgeoning blow from Kiwi batsman McCullum’s willow, Indian taxpayers find themselves doing some ducking of their own. For, they end… Read More »
It is said that “there are two sides to every story”, and it surely applies to this year’s Union Budget. When Finance Minister Mr. Arun Jaitley delivered his first full fledged Budget, analysts and experts are out debating its overall sentiments. While some feel that it is reform oriented, with a roadmap for the future,… Read More »
With the annual budget just around the corner, expectations from the Finance Minister are sky high. Considering the fact that this is going to be the first full-fledged budget of the Narendra Modi government, this budget is definitely a high-profile one if not anything else. From the common man on the street fed up with… Read More »
The New Government is in place. So, obviously a new finance minister too is in place. Even more obviously the expectations have begun about what the upcoming budget holds in store for us, the citizens of India. Although the way in which the government has been given a majority, many people expect drastic changes… Read More »
The finance minister Mr. Pranab Mukherjee is facing one of the toughest challenges of his long and distinguished career as the man at the helm of financial planning for the nation. This year’s Union Budget comes a time when the ruling coalition faces multiple challenges from almost every quarter and the frustration of the masses… Read More »
Real estate sector is one of those important sectors which directly or indirectly affect us. This article briefs you about the post budget impact on Real estate sector. So, if you are an investor looking to invest in the real estate sector stocks then you should read through this article to understand the post union… Read More »
Budget 2011-12 has given a marginal benefit on the tax slab for individuals. However the benefits for very senior citizens are higher. However the expectations that there will be changes in the investment avenues and their slabs have not been met.
Last year our Finance minister experimented with the direct transfer of subsidies for a few agricultural fertilizers excluding urea. This has been found to be very successful in ensuring that the benefits are accrued by the actual farmer who ultimately uses the fertilizers and not the intermediaries.