A day after data on direct tax collections indicated dismal growth in key sectors, the bad news was confirmed on Friday by fresh data on the growth of six core infrastructure sectors, which showed they had grown by just 3.9% in the first half of current financial year, a sharp dip from 6.9% for April-September […]
Tag: Cement.
Good Budget For Real Estate Sector
March 1, 2008 – 1:32 am
The Indian real estate sector has largely welcomed the overall effect of the budget, although saying that it could have done more for the industry. Pradeep Jain, chairman of Parsvnath Developers Ltd. told that the budget will enhance the socio-economic infrastructure of the country by giving needed emphasis to education, health and hospitality sector. The […]
Realty seeks tax, input price relief
February 25, 2008 – 2:42 am
New Delhi: Real estate companies wish for taxes to be lowered and prices of construction materials controlled in the forthcoming budget. Vipin Agarwal executive director of Omaxe Ltd states that they want tax breaks on infrastructure, which were there till last year. Infrastructure improvement is important for the improvement of the country. So they should […]