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Budget 2024: Real estate sector wishlist — from single-window approval for construction to tax benefits

Budget 2024: Real estate sector wishlist — from single-window approval for construction to tax benefits

Union Finance Minister Nirmala Sitharaman will present the Budget for 2024-25 in the third week of July, outlining anticipated government receipts and expenditures across various sectors.

India's real estate industry eagerly awaits reforms and incentives to foster growth and address long-standing challenges.

Expectations range from extending corporate tax benefits to surcharge withdrawal and much more. Here is a wish list of real-estate stakeholders for the upcoming budget: NAREDCO Chairman Niranjan Hiranandani emphasized the need to extend corporate tax benefits to all, withdraw surcharges, and comprehensively revise tax policies.

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