Bharatiya Janata Party has promised “game changer” plans to boost economic growth when Finance Minister Nirmala Sitharaman presents the 2021/2022 federal budget on Feb. 1. Here’s a look at some top topics she is likely to cover on Monday, as Prime Minister Narendra Modi‘s government tries to bring the country’s economy back on track: HEALTHCARE … Read more
NEW DELHI: The Centre aims to complete awarding of projects envisaged under Bharatmala, its flagship highways development programme, by 2023. The first phase of the Bharatmala scheme approved in 2017 includes construction of 24,800 km of national highways, in addition to 10,000 km of balance road works under the National Highways Development Programme (NHDP). The … Read more
Income from dividend, interest and long term capital gains of sovereign wealth funds, the Abu Dhabi Investment Authority and pension funds, from investments in rental housing for lower income groups will be exempt from income tax. The Central Board of Direct Taxes added the ‘affordable rental housing complex’ to the list of infrastructure projects that … Read more