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Budget: 'A boost for real estate sector but needs more reforms'
Millennium Post Kolkata
|Kolkata 02 February 2025
The real estate sector in the state termed the Union Budget 2025 as a boost for the sector but batted for more reforms.
KOLKATA:
Sushil Mohta, chairman, Merlin Group and the President of Credai West Bengal said that the Union Budget lays the groundwork for sustained economic growth, with several provisions impacting the real estate sector. The increase in the income tax exemption limit to Rs 12 lakh and the higher TDS threshold on rent (from Rs 2.4 lakh to Rs 6 lakh) are expected to enhance disposable income, drive housing demand, and boost overall consumption.
Esta historia es de la edición Kolkata 02 February 2025 de Millennium Post Kolkata.
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