Anshuman Magazine, Chairman & MD, CBRE South Asia Pvt. Ltd. says, “The Seventh Pay Commission announced by the Government today will not only benefit the estimated 10 million Central Government employees; but is also likely to provide an impetus to the residential and retail real estate markets in the country. With larger disposable income, we […]
Written by Kaushik Gupta The new draft law, Trafficking of Persons (Prevention, Protection and Rehabilitation) Bill 2016 claims to draw inspiration from Article 23 of the Constitution of India which prohibits trafficking of human beings and begar and other similar forms of forced labour. It also speaks of right to life or personal liberty guaranteed […]
How the implementation of Seventh Pay Commission’s recommendations will boost the real estate sector since the govt employees will be encouraged to invest money in buying property. The implementation of 7th Pay Commission recommendation, in our view, is an important milestone in the real-estate cycle as an increase in salaries of government employees is likely […]
Mr. Vineet Relia, Managing Director of SARE Homes “SEBI’s decision to increase investment cap of REITs will help address the challenges faced by the real estate sector. Given the need for infrastructural advancement and the slowdown in demand in real estate sector, REITs provide an important alternative to derive capital for realty projects. The Indian […]
“The policy announcement today is in line with market expectations. The economy is improving with companies posting significantly better results in quarter four FY16 as compared to previous 6-8 quarters, and there has been a gradual movement in investment cycle, including the rural economy, which is expected to strengthen with a normal monsoon. The policy […]
Mr. Aman Agarwal, Director, KV Developers & Governing Council Member NAREDCO “We hope the RBI will cut the repo rate, this will help in boosting the demand and a major relief for the home borrowers. Indian economy which is under pressure and shows slow signs of progress, a rate cut will give much needed push […]
by Major Prashant Rai, CEO and Founder, Onetimejobs.com: “The promised tax exemptions will ensure a much needed boost; this is a good idea in my opinion, because startups are the future giants in the making. Extension of tax rebates will be extremely useful and will encourage domestic capital to grow the businesses. This will […]
Recent government initiatives promoting startups and entrepreneurship culture in the country idea has a slew of start-up and established companies in the technology and e-commerce space excited. They all believe Budget 2016 will be the start of a new era of higher growth. We know that the government is focusing on promoting e-commerce, innovation and […]
“This budget should have some favorable reforms for the emerging industries like e-commerce. There is still a lot of ambiguity with respect to the taxation laws for marketplace companies like ours. I expect this budget to give some clarity on it. Additionally there should be more plans of development of infrastructure. Our industry rely heavily on imports and […]
Education sector plays a pivotal role in the ‘India Growth Story’ but the outlay for education in previous budgets has consistently been less than 4% of the GDP, a figure lower than the average spending on education in the developing world. In a developing economy like India the outlay should ideally be in double digits. […]
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