The average ticket size of a home-loan of young borrowers has continued to increase over the last 5 years, with a CAGR of 6.2 per cent. The ticket size continues to increase more for women than men.
Goyal also announced relief for realty firms by extending tax rebate on development of affordable housing until next fiscal and not charging tax for two years on notional rent of unsold units.
The Centre may dole out incentives to promote electric vehicles in the country by considering lower GST and extending tax benefit for buyers in this week's Budget for 2018-19, say sources.
While what comes out of Arun Jaitley’s briefcase remains suspense till February 1, here is what the common man expects from the upcoming budget.
Finance Minister Arun Jaitley today said deposits of now-defunct old Rs 500 and Rs 1,000 currency notes in bank accounts will not enjoy immunity from tax and the land of law will apply on source of such money.
New Delhi, Feb 28: Giving a thrust to affordable homes, the government today proposed full tax rebate on developing such projects under a notified scheme and raised the ceiling of one per cent interest subsidy
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