NEW DELHI (INDIA): India’s Finance Minister Arun Jaitley is all set to present the Union Budget for 2017-18 on 1st February.This would be his third full-year Budget. So all eyeballs on his briefcase, what Jaitley is going to present for India.
Lets go through JP Infra’s pre-budget expectations from Jaitley.
“In this budget we expect Government to continue with positive policy announcements to improve the business environment and give a strong push to growth. This year the growth prospects look better than the last year for all sectors and as a Mumbai based developer we expect a lot in term of attention and revenue for the Real estate sector. The long pending demand to announce real estate sector as an industry is foremost concern. The deduction for interest on housing loans needs to increase from the current limit. Removal of numerous taxes can encourage real estate sector on large scale,” said Shubham Jain.
Shubham Jain, MD JP Infra