Live Budget 2013-14: Realty stocks up on addl interest deduction on housing loan

Written By Unknown on Kamis, 28 Februari 2013 | 14.02

P Chidambaram came out with slew of measures to boost economy in hits Union Budget Speech for 2013-14, some of them are:

>Additional investment allowance: 4-5 percent effective additional tax saving
>Additional interest deduction on housing loan, which is positive for real estate
>Housing loan interest to save Rs 30900 for tax payer in 30% bracket

>Bank correspondents can sell micro finance products, which is positive for SKS Microfinance (up 3%)
>Zero customs duty on plant and machinery, which is positive for semiconductor industry
>Higher allocation for wind Energy, which is positive for Suzlon
>FII can participate in currency derivatives, which is positive for MCX
>To encourage PPP projects for Coal; Coal India up 3%.

>Changes in exploration and production policy, which is positive for upstream sector
>RGESS investees can invest in mutual funds, which is positive for asset management companies
>Additional deduction of Rs 1 lakh for interest on housing loan
>Customs duty exemption for semiconductor projects

>Regulatory authority for road sector, which is positive for IRB Infra
>Investment allowance of 15% for capital expenditure, which is positive for infrastructure space
>Rs 50,000 crore limit for tax free infra bonds, which is positive for infrastructure sector
>IDFs to be encouraged, which is positive for infrastructure sector
>Farm loan interest subvention continues, which is negative for Bank Nifty

>JNNURM allocated Rs 14873 crore, which is positive Ashok Leyland and Tata Motors

>Higher allocation for water treatment: Positive for Triveni Engg

>17 percent hike in allocation for education: Positive for  Educomp and Everonn

>30 percent increase in plan expense: Positive for infrastructure and consumer sectors



Anda sedang membaca artikel tentang

Live Budget 2013-14: Realty stocks up on addl interest deduction on housing loan

Dengan url

https://rokokkanker.blogspot.com/2013/02/live-budget-2013-14-realty-stocks-up-on.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Live Budget 2013-14: Realty stocks up on addl interest deduction on housing loan

namun jangan lupa untuk meletakkan link

Live Budget 2013-14: Realty stocks up on addl interest deduction on housing loan

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger