Real estate sector cheers reforms in the Budget.
Income from renting of properties is taxed at a flat rate of 10%.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head - Equity Research (Retail), Anand Rathi Financial Services Ltd, answered some important questions on the market.
In an interview with Shobha Warrier/Rediff.com, he talks about the economic policies of the Narendra Modi government and whether achche din is really coming.
Indian billionaires do not believe in sitting on their wealth.
