In his Budget speech, the finance minister said: "We propose to facilitate higher investment in affordable housing. Affordable housing will now be given infrastructure status, which will enable these projects to avail the associated benefits."
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
'Political parties bring out money they have stashed away and start spending it. How large that spending will be depends on how much money has been stashed. So, you are going to have a strong upside coming from the election effect,' says Pronab Sen.
This would make India the world's second-biggest nuclear energy market after China
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
NCLT allows Shivinder to withdraw petition against his brother Malvinder. Final decision to be taken by family members in their presence.
India Ratings expects long products demand growth to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road networks.
Fair trade regulator CCI has rejected allegations against Volkswagen.
On its own or with allies the Congress has a strong presence in states that account for a total of 253 LS seats, or 20 short of the magic figure of 272 required to form a government at the Centre. So what is Mamata Banerjee talking about, asks N Sathiya Moorthy.
In a strong counter to the narrative building around reasons for the exit of Professor Pratap Bhanu Mehta, Ashoka University Chancellor Rudrangshu Mukherjee has said the institution remains committed to academic freedom and intellectual independence while its Board of Trustee Chairman Ashish Dhawan promised an open line of communication.
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After RBI's missive on proxy lending to builders, it's time to reshuffle.
Aayog feels expansion of the lowest base will enable more people to pay taxes.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.
'If I close my housing loan, are there any investment avenues (the investment should provide liquidity) to save tax?'
Punj Lloyd voluntarily deposited Rs 1.06 crore (Rs 10.6 million) on the spot through challans when excise officials visited them during an investigation in the matter.
The Sahara group's problems continue, with rating agency CARE cutting its 'BBB' ranking for Sahara Hospitality Ltd's (SHL) long-term bank facility to 'BBB-', due to sub-optimal financial and operational performance.
The sixth metro station on the network became operational in April, completing the Phase I network.
Indian Matchmaking has clearly been produced to pander to Western audiences's awful fascination with the institution of arranged marriage, notes Kanika Datta.
Billionaire Gautam Adani's Adani group on Monday said it has reached an agreement to acquire GVK group's shareholding and control of Mumbai airport.
India needs to sustain a GDP growth rate of 8 per cent to become a five trillion dollar economy by 2025, the Economic Survey has stated.
Fix India's real estate sector. Fix India's public sector banks, advises Tamal Bandyopadhyay.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Sikhs across the UK will no longer face the prospect of disciplinary action for wearing turbans in workplaces after new rules come into force on Thursday.
Known as the "the world's most profitable high-speed rail," the Beijing-Shanghai high-speed railway covers more than 1,300 km within five hours.
ICDS is silent on the prudence aspect of accounting standards.
The top court called the pollution in Delhi-NCR as atrocious and said no one is safe even inside homes. "It is too much. No one is safe even inside their house. It is atrocious," the bench said.
Morgan Stanley expects the central bank to cut rates this week, 125 bps in cuts through 2015.
Little attention is being paid to keep roads, bridges and flyovers in good shape
The PM blamed the UPA regime for the problems in the banking sector.
Corporate India at present is more indebted than all state govts put together.
'The quick fixes have failed; there is now no alternative to deeper reforms,' says Ajay Shah.
Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion, talks to Subhayan Chakraborty about India's performance on the World Bank's ease of doing business ranking.
Several nuclear power projects held up for the lack of such an insurance pool can now be expected to move forward.
'In the case of an India-Pakistan confrontation, the Chinese may undertake more than just posturing, thereby constraining us from deploying adequate forces for decisive results,' warns Brigadier S K Chatterji (retd).
'The biggest lacuna in this agreement is it is called 'full civil nuclear cooperation agreement.' Actually, it is anything but full.'
Long-term tax on capital gains arising from selling a house can be invested in another property under Section 54.
Chartered accountant and Sebi registered investment advisor, Harsh Vardhan Roongta, answers your home loan queries
Three stockmarket experts give their best picks for the New Year.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
