#BudgetUpdates

[cambcurrencies]

Understanding Labour's First Budget: Tax and Economy Insights

UK Autumn Budget 2024: Everything You Need to Know How Will Labour’s First Budget Shape the Economy? Oct 30 2024 Today’s UK Autumn Budget from Chancellor Rachel Reeves is a pivotal step for the Labour government. It introduces a range of strategies across tax, housing, public services, and business. Here is a look at the budget’s changes. We also explore what they mean for everyday taxpayers,…

[luxuryroof]

Budget 2025: A Game Changer for Indian Real Estate? Key Expectations & Market Impact

Will This Budget Unlock Growth, Affordability, and Investment in Real Estate?

As India gears up for Union Budget 2025, the real estate sector is on high alert, anticipating policy shifts that could redefine housing affordability, taxation benefits, and infrastructure expansion. With the industry contributing nearly 7% to the GDP and projected to reach $1 trillion by 2030, real estate stakeholders—homebuyers, investors, and developers—are eyeing reforms that can boost demand, streamline regulations, and fuel long-term growth.

From tax breaks for homebuyers to incentives for green real estate, this year’s budget could be a make-or-break moment for the property market. Here’s what the industry is hoping for:

1. Affordable Housing: Bigger Incentives, Bigger Opportunities

One of the biggest expectations from Budget 2025 is an aggressive push for affordable housing, a segment that remains a key government priority. With the Pradhan Mantri Awas Yojana (PMAY) in full swing, developers and buyers alike are looking for:

✅ Extension of PMAY Benefits – Increased funding and subsidies for first-time homebuyers under Credit Linked Subsidy Scheme (CLSS). ✅ Higher Tax Deductions – Raising the Section 80EEA benefit (currently ₹1.5 lakh) to ₹2.5 lakh to help middle-income buyers. ✅ Lower GST on Under-Construction Properties – Reducing the current 5% GST (without ITC) to 3% or reinstating input tax credit (ITC) for builders to cut costs.

These moves could enhance affordability, improve sales volumes, and strengthen India’s housing demand.

2. Tax Benefits: More Savings for Homebuyers & Developers

Industry players have long demanded higher tax exemptions to boost liquidity and sales. Key tax-related expectations from Budget 2025 include:

📌 Increase in Home Loan Interest Deduction – Raising the Section 24(b) limit from ₹2 lakh to ₹5 lakh can make home loans more attractive. 📌 Relaxation in Capital Gains Tax – Expanding Section 54 exemptions to encourage reinvestment in real estate. 📌 GST Input Tax Credit (ITC) for Developers – Allowing builders to claim ITC can reduce project costs and make homes more affordable.

A well-balanced tax regime could encourage new home purchases, attract more investors, and drive fresh capital into the sector.

3. Infrastructure & Urban Expansion: Driving Real Estate Growth

Real estate thrives on strong infrastructure, and this budget is expected to boost metro expansions, smart city projects, and expressway networks. Experts are calling for:

🏗️ More Funding for Smart Cities & Urban Development – Expanding beyond metros to Tier 2 & Tier 3 cities. 🚆 Increased Connectivity Through Highways & Metro Rail – Unlocking new investment zones for real estate growth. 🏢 SEZ Reforms & Commercial Hubs – Making it easier to develop and sell properties in Special Economic Zones.

With India’s urbanization rate growing at 2.3% annually, these measures could expand real estate demand beyond metro cities.

4. REITs, Co-Living & Rental Housing: Unlocking the Next Big Market

The rental housing sector and Real Estate Investment Trusts (REITs) are emerging as game-changers, and Budget 2025 could further boost these markets with:

💼 Tax Incentives for REIT Investors – Offering capital gains tax exemptions or tax-free dividends to increase retail participation. 🏘️ Rental Housing & Co-Living Support – Special incentives for rental housing projects, student housing, and senior living. 📊 New Rental Housing Policy – Making it easier for private players to set up and manage large-scale rental properties.

With millennials and Gen Z preferring rental options, a structured rental housing framework could increase affordability and expand investment opportunities.

5. Stamp Duty & Registration Charges: A Much-Needed Rationalization

One of the biggest roadblocks in real estate transactions is high stamp duty and registration charges, which vary across states. The sector is hoping for:

📉 Reduction in Stamp Duty for First-Time Buyers – A centralized reduction policy to increase home sales. 🏡 Tax Deduction on Stamp Duty Costs – Making stamp duty partially deductible under income tax laws to improve affordability.

These measures could significantly lower property acquisition costs and encourage more real estate transactions.

6. Green Real Estate & Sustainable Development

Sustainability is the future, and Budget 2025 is expected to encourage eco-friendly real estate practices by:

🌱 Tax Benefits for Green Buildings – Reduced GST and subsidies for energy-efficient and sustainable real estate projects. ⚡ Incentives for Solar & Renewable Energy in Housing – Subsidies for solar power, rainwater harvesting, and energy-efficient homes. 🏗️ Higher Floor Space Index (FSI) for Green Certified Projects – Allowing eco-friendly buildings to have higher permissible construction limits.

With climate change concerns rising, incentivizing green real estate can attract global investors and ensure long-term sustainability.

Final Thoughts: Will Budget 2025 Be a Game Changer?

The Union Budget 2025 has the potential to revolutionize the real estate sector by focusing on affordability, infrastructure expansion, taxation benefits, and sustainable development.

For homebuyers, tax relaxations and lower interest rates could make homeownership easier. For developers, GST simplifications and incentives could reduce costs and increase profitability. For investors, REIT incentives and rental housing policies could unlock new income streams.

A progressive and real-estate-friendly budget could fuel industry growth, attract foreign investments, and make housing more accessible for millions of Indians. All eyes are now on the finance ministry—will Budget 2025 deliver the much-needed boost? Only time will tell. 🚀

[stellmannelectricalcorp-blog]

Brought the humidification control into the nest. I’ve yet to see an attractive humidistat thank you nest! . . . . #nest #smartthermostat #homecontrol #electrician #interiorupdate #lightingupdate #northshoreoflongisland #budgetupdate #thetechreps #nationalsmarthomeday #nationalsmarthome #stellmannelectricalcorp #highendcontracting #highendelectrician #chandelier #decorasmart (at Lattingtown, New York) https://www.instagram.com/p/Bs_DsGUAicx/?utm_source=ig_tumblr_share&igshid=16jedtp5csaob

[diy-and-crafts-awesomenes]

You don't have to break the bank to get these great kitchen updates! #kitchenupdate #kitchenideas #budgetupdates | Like My Facebook Page >> https://ift.tt/2jty87z ... Saved from - https://ift.tt/2wmKok7

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[surayaror]

Budget Update: January 2019

NEW ARTICLE! Usual monthly budget update. P/s - Happy CNY korang!

Budget Update: January 2019

Wake up. Brush teeth. Make coffee, have breakfast. Check my daily to-do list. Anxiety. Take out phone, scroll online for hours for distraction. Tell myself to get back to work. Anxiety. Find food to eat. Repeat until midnight. Repeat for days on end.

January 2019 should have represented a new start and a new beginning, but it didn’t, at least not for me. For much of…

[kitchencabinetideas]

Make Shaker Kitchen Cabinet Doors on a BudgetUpdate your 80s laminate cabinets w...

https://kitchen.rezeptework.com/?p=60451 Make Shaker Kitchen Cabinet Doors on a BudgetUpdate your 80s laminate cabinets w... Make Shaker Kitchen Cabinet Doors on a BudgetUpdate your 80s laminate cabinets w…#80s #budgetupdate #cabinet #cabinets #doors #kitchen #budgetupdate #cabinet #cabinets #doors #kitchen #laminate #shaker https://kitchen.rezeptework.com/?p=60451

[surayaror]

Budget Update: November 2018

NEW ARTICLE! My monthly budget update and spending report for November 2018. OMG I just realised it's freaking December wtf. How are you doing with your money goals? You still have 1 month to achieve them!

Budget Update: November 2018

Spent under RM6k in November 2018. Top 3 categories were Business (no issues there), Utilities & Rent (ditto) and Dates/Travel (… I think I need to talk to the partner).

Anyway, hey, I want to talk about something else in this section. Martech. Do you know this word? It’s short for marketing technology, and companies love it because it helps them rake in more sales.…

[surayaror]

Budget Update: October 2018

NEW ARTICLE! My monthly spending breakdown update. What's good about your October?

Budget Update: October 2018

I spent RM21,407 in October 2018. It sounds like a lot (it is), but almost three-quarters of that was a gift to my parents. I’m sponsoring their umrah trip.

When I was growing up, I heard how my parents – then newlyweds and financially struggling – saved a portion of their salaries every month. They told me the bottom of their car had a hole in it, and they didn’t…

[surayaror]

Budget Update: September 2018

NEW! My monthly budget update is out. This article is dedicated to the scammer who stays at Lot 6371, Lorong Seruling 6, Taman Hipni, Petra Jaya, 93050 Kuching, Sarawak.

Budget Update: September 2018

Confession: My bank account was dangerously low all throughout September 2018, and I almost had to dip into my savings, if not for payments from clients that arrived at the end of the month. If I ration it out properly, it should support me until the end of the year.

Now, what I really want to do with the money is invest it. I want to add more gold to my investment…