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Industry captains share expectations from the Union Budget 2020-21

The countdown for the Union Budget 2020 has begun. Whether it is a taxpayer, corporate or a tax expert, everyone has got some expectations from the Finance Minister Nirmala Sitharaman. Here are few industry captains sharing their expectations and recommendations from the Union Budget 2020-21. Honeyy Katiyal, Founder of Investors …

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Budget 2020 expectations: Bold fiscal measures needed to boost real estate sector

Given the policy reforms undertaken by the government over the last few years, we are hopeful that the upcoming budget will provide much needed stimulus to the real estate sector. We expect the budget to push for investment in infrastructure, relax income tax slabs, assist the private sector and announce …

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Union Minister Piyush Goyal to lead Indian Delegation to World Economic Forum 2020

Union Minister of Commerce and Industry & Railways, Piyush Goyal, will lead the Indian delegation to the 50th World Economic Forum (WEF) at Davos from January 20th to 24th 2020. The Commerce and Industry Minister will participate in the WEF along with Union Minister of State for Shipping and Chemical …

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Budget 2020-21: Time To Focus On More Specific Issues For Real Estate Sector

Government has taken meaningful measures to alleviate the stress in the real estate sector by setting up an Alternative Investment Fund (AIF) for last mile funding of the projects stuck in affordable housing segment. Rationalising the Goods and Services Tax (GST)rate, boost to overall affordable housing segment and support to …

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Union Cabinet Clears Proposed Change to Insolvency and Bankruptcy Amendment Bill

Recently the union cabinet has cleared a proposed change to SECTION 7 of the Insolvency and Bankruptcy Amendment Bill (2019) which suggests that at least 100 or 10% of the total buyers, whichever is lower in a real estate project will have to come together to initiate the corporate insolvency resolution …

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Government of Odisha Approves Three Investment Proposals Worth Rs 17,833 cr

The Government of Odisha continues to propel employment opportunities and boost industrialisation in the state by according its approval to three investment proposals worth Rs 17,833 crore which will create 6539 new jobs. The High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Chief Minister Shri Naveen Patnaik today in the Conference hall in Kharavela …

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Second premium Tejas train is ready to run on Ahmedabad-Mumbai Route

After the successful run of Lucknow-Delhi Tejas Express, the second premium Tejas train is ready to run between Ahmedabad and Mumbai. This will be yet another step of the Ministry of Railways in its endeavour to improve the overall traveling experience to rail passengers by providing state of the art …

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