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The CEO Magazine
A monthly magazine for business leaders and decision makers
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financeminister

REAL ESTATE SECTOR, ANNULLED FROM THE ACTUALITY OF THE SCENARIO

REAL ESTATE SECTOR, ANNULLED FROM THE ACTUALITY OF THE SCENARIO Amplification in the supply of affordable homes and the requirement to meet the objective of ‘Housing for All’ has landed the developers of these projects in a tax holiday on profit situation. Under section 24B of the Income Tax Act, deductions have been permitted to the consumers up to Rs. 2lakh interest payments on loans for houses for properties occupied by self. Nirmala Sitharam, Finance Minister, in her July budget quoted permission for further deductions…

THE DESCENDING ‘GDP’ TRAJECTORY OF THE SEVENTH-LARGEST COUNTRY IN THE WORLD-INDIA

THE DESCENDING ‘GDP’ TRAJECTORY OF THE SEVENTH-LARGEST COUNTRY IN THE WORLD-INDIA Turning a blind eye to the serious crisis of the deteriorating economy of India would not change the fact that the GDP rate of the country has drastically fallen. With the lowest recorded value of 5% in the last 6 years, this would be one of the most impactful setbacks for the country and on the course for respite the Finance Minister Nirmala Sitaraman has suggested measures that promise to pool the country out of this situation of an…
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