Swachh Bharat Abhiyaan:
This ambitious enterprise
intends to build six crore
toilets covering 4,041
statutory towns by 2019.
The periodic maintenance
of this infrastructure could
catalyse demand for tiles.
Seventh Pay Commission:
The 7th Pay Panel has
recommended the
minimum salary at
`
18,000
and maximum salary at
`
2,50,000. The commission
also recommended 14.27%
increase in basic pay,
23.55% overall increase
in salary, allowances and
pension, which is expected
to increase disposable
incomes in the hands of the
average Indian.
Increased spending:
Aggregate consumer
expenditure is likely to
increase from
`
45 trillion
in 2010 to nearly
`
150
trillion by 2020 — a more
than three-fold increase
in 10 years. This will be
accompanied by an
increase in affluent and
aspirer households from 48
million to more than 100
million during the same
time period.
Budgetary provisions
The realty sector is expected to enjoy
considerable benefits from some of the proposals
of the Union Budget.
Ŕ 5P DBUBMZTF IPVTJOH BDUJWJUZ VOEFS UIF Ō1SBEIBO
Mantri Awas Yojna’, the Budget has proposed
to 100% deduction for profits to an undertaking
from a housing project for apartments up to 30
square metres in four metro cities and 60 square
metres in other cities, approved between June
2016 and March 2019, and completed within
three years of approval.
Ŕ 'JSTU UJNF IPNF CVZFST XJMM CF QSPWJEFE B
deduction for additional interest of
`
50,000 per
annum for loans up to
`
35 lac, sanctioned during
the next financial year, provided the value of the
house does not exceed
`
50 lac.
Ŕ "OZ EJTUSJCVUJPO NBEF PVU PG UIF JODPNF PG
special purpose vehicle to the REITs and InvITs
(Infrastructure Investment Trusts) having specified
shareholding will not be subjected to a Dividend
Distribution Tax.
ANNUAL REPORT 2015-16
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