Mixed Reactions from Real Estate Sector: Budget 2021

“It is a get well soon type of Budget, the ‘V’ shaped recovery being powered by the Covid-19 vaccination program. Given the challenged scenario, the proposed annual budget has been largely positive, no major taxation enhancement is something that is welcome. As the Prime Minister pointed out last year saw mini budgets across the pandemic impacted time frame; the unsaid thing for most industries across the economy is that similar steps may happen with more positives in the offing. Continued focus on ‘Minimum Government, Maximum Governance’ will enhance ‘ease of doing business’, this government spending will provide stimulus for GDP growth, and is laudable.

Source Link: Mixed Reactions from Real Estate Sector: Budget 2021 (realtyplusmag.com)