Budget 2017 — Salient Points

This year’s Union Budget is a mixed bag for salaried class and the real estate investors. Here is a look at key budget announcements. Reduction in tax rate from 10% to 5% for income tax slab of Rs 2.5 lacs to Rs 5 lacs (Positive) Introduction of Surcharge of 10% for taxable income between Rs… Continue Reading

Budget 2016 — Salient Points

The latest Union Budget is a mixed bag for many investors. Though the budget had many sops for the borrowers & middle class folks, there were a few setbacks too. Let’s look at ten most important takeaways from the latest budget. 1. Tax Relief for First Time Home Buyers First time home buyers have been… Continue Reading

Budget 2015: A Common Man’s Perspective

When Finance Minister, Mr Arun Jaitley, presented the NDA government’s first full year budget on 28th February 2015, I was one of the millions of Indians who sat glued to their television sets to catch the budget highlights first hand. To be honest, like most of individual tax payers out there, I was expecting a… Continue Reading

How To Do Household Financial Planning?

I have heard many a householder lament that by end of the month they do not know where their money has gone, and they are left with no savings and worse, waiting for the next salary credit. Do you fall in this category? This can happen if you do not keep household accounts. But while… Continue Reading

Budget 2014 and Impact on Real Estate Market

This time around the budget has many proposals which directly and indirectly impact the real estate market positively. If we take the direct tax proposals, it has many goodies for the middle class and the salaried. Even though premium housing has emerged as a niche segment, the bulk of the housing demand continues to come… Continue Reading

Expectations from the Union Budget 2014-15

The first budget of the Narendra Modi Government is to be unveiled on the 10th of July. There are high expectations from various sectors of the economy that are looking forward to delivery of a promise by Mr. Modi on “Aaache Din”. The economy is passing through high inflation coupled with forecasts of a poor… Continue Reading