In his first full Budget, which has been billed as a ‘make-or break’ Budget, Finance Minister Arun Jaitley on Saturday abolished the wealth tax on super-rich with an income of Rs 1 crore or more per year and replaced it with a surcharge of 2 per cent. He also proposed to cut corporate tax from 30 per cent to 25 per cent over next the next four years.
Jaitley presented the Union Budget 2015-16 aimed at high growth, saying the pace of cutting the fiscal deficit would slow as he seeks to boost investment and ensure that ordinary people benefit. “India is about to take off,” Jaitley said in his speech. “The world is predicting that this is India’s chance to fly.”
The BSE Sensex spurted following the Finance Minister’s proposed to cut the corporate tax rate and delaying the implementation of planned General Anti-Avoidance Rules (GAAR) by two years.
Manoj Gaur, President, CREDAI-NCR, & other developers express their demands in front of Greater Noida Authority
September 23, 2022: Greater Noida Authority held a meeting with members of CREDAI recently. It was attended by Manoj Gaur,...
Avendus Capital leases around 1 lac sqft office space at Platina, by The Wadhwa Gp
Mumbai, September 22, 2022: Avendus Capital Private Limited, has leased four floors covering a total of approx. 1,00,000 sqft of...
In H1’22 Mumbai witnesses highest value of registered properties in last 5 years
Mumbai/New Delhi, September 22, 2022: Heightened property buying activity in Mumbai municipal region after the Covid19 induced slowdown has taken the home sales...
Offers galore at Signature Global food mall
Ghaziabad: To set festivity mood of consumers, Signature Global Food Mall, located at Vaishali (Ghaziabad) is ready to witness a...
Malls & High Streets: Two to co-exist
Post-pandemic India has witnessed many shifts. But more than anything it had led to a debate, both on the immediate...
German beer festival at Bhartiya Mall
Bengaluru’s leading retail and entertainment destination, Bhartiya Mall of Bengaluru recently hosted the world’s most iconic German beer festival, Oktoberfest...
Developers Speak4 weeks ago
Why the Indian Brokerage Industry needs investment in training capabilities
Report4 weeks ago
Over 45 Data Centres spanning ~13 mn sq ft to boot up in India by 2025-end
News4 weeks ago
Two newly appointed Members of UP RERA to hear the cases from the regional office
New Launches4 weeks ago
Zolo’s luxury Co-living space, Zolo Triloha
Developers Speak2 weeks ago
Chandni Chowk at the Centrepiece in tune with the wave of Commercialisation
News3 weeks ago
Retail leasing up 166% Y-o-Y in H1 2022
Developers Speak1 week ago
Festive season to spurt bookings: Experts
News3 weeks ago
Property prices to rise 27-30% annually post MOPA Airport in North Goa: 360 Realtors