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 VBHC’s pre-budget expectations from Jaitley.
“We are anticipating the Budget with a heightened sense of expectation. The Finance Minister has a considerable opportunity in this Budget to enable the Affordable Housing segment to provide for what is unquestionably a huge potential to be fulfilled in our Country. There is a considerable lot of things that the Budget can open-up for our Affordable Housing segment. Our belief stems from a catalyst which will ease impediments like the present approvals regime, the undue burden of both direct and indirect taxes, the high finance costs for our customers and ourselves, etc. We are therefore optimistic as the morning of 1 February 2017 and the Budget approaches.”
Ravi Ramu, CEO and MD – VBHC