‘Please explain how property prices go up 12-16% per year’: Mohandas Pai questions tax dept’s Budget math
Former Infosys CFO TV Mohandas Pai has questioned the income tax department’s assumptions about property price growth in India. “Can @IncomeTaxIndia please explain how they assumed property prices go up 12-16% per year? RBI says NO, citizens need this answer,” he wrote on X. Pai pointed to a significant disconnect between the tax department’s projections and … Read more