Budget 2024: Real Estate Sector Wants Tax Rebate, Industry Status, Affordable Housing Meaning Tweak

Union budget 2024: With just a few days to go for FM Nirmala Sitharaman's budget announcement, stakeholders in the real estate sector have some key demands. They want an increase in tax rebates on housing loan interest, industry status for the sector, and that the definition of affordable housing be redefined. Listen in to what they have to say
#budget #realestate #finance
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[@RKV8527]

Charge GST on Halal products At present 90% of Halal products have 0% GST. Muslim organizations ger halal fees. Govt provides free service for halal products The poorest class who voted for 240 MPs , rejected khata khat of Rs 1 lakh is very severely affected. No houses, no electricity, no water, no toilet and even PM Kisan is a meager Rs 6000 pa. Nirmala SItaraman is anti-middle class, anti-senior citizen, anti-pensioner. This group pays 33% income tax and waits for 15 months for a refund. For example, if TDS was deducted in April 2023, the taxpayer can file returns in May or June 2024 and seek a refund. This group [pays income tax @33 %, GST @18%, Petrol tax, house tax, road tax, land tax, NH toll, etc which works out to Rs 61/ out of Rs 100 earned. Senior citizens and Pensioners who face injustice approach the High Court and receive justice but GOI prefers to appeal against the order of the High Court. Pensioners have received a favorable judgment from 8 high courts but GOI prefers appeal in the SC and postpones the hearing in SC for 6-7 years

[@TestBasu]

This aged well 😅😂

[@manjuM-f5v]

Pls meet FM

[@KuberSpaces]

good

[@hazy76]

khayali pulao