Categories: Budget

The effect of the union budget 2018 on the real estate sector by Shrinivas Rao, CEO-APAC, Vestian

New Delhi, February 03, 2018: Mr. Shrinivas Rao, CEO-APAC, Vestian – “The Union Budget 2018 held many expectations, primarily owing to the testing phase that the economy underwent in the past year. While the realty fraternity harboured hopes of relief measures such as lower taxes, rationalisation of the GST rates and infrastructure status, the budget decided to focus on strengthening agriculture and rural economy, providing healthcare to economically less privileged, care for senior citizens, infrastructure creation and working with the states to provide more resources for imparting quality education in the country. This budget, thus, is a measure aimed towards improving the rural sector, that forms 66.86% of the country’s population, which in turn shall work towards creating an equal economy in the country.”

Corporate Comm India(CCI Newswire)

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