Budget 2022 LIVE Updates | Budget should boost consumption demand by offering tax breaks, cutting fuel taxes, says Ind-Ra report
Finance Minister Nirmala Sithraman is set to announce the Union Budget 2022 on February 1. This year will be Sitharaman’s fourth Budget after 2019, 2020 and 2021. She had read out the Budget from a tablet last year in parliament. (Illustration: Moneycontrol)
Union Budget 2022 | Allocate more capital to fund that provides relief to homebuyers of stalled projects
The real estate sector recovered strongly in 2021 with improved sales and leasing activities. Residential property reported a strong recovery as home sales rose 71 percent year-on-year to 237,000 units. Low interest on home loans, stamp duty cuts, and extension of tax benefits on affordable housing, as announced in the previous budget, helped the sector reach almost 90 percent of pre-Covid numbers. More on this