Top 12 tax reforms announced in the Union Budget 2021-22

Updated: Jun 19

February 2021 / 99acres.com

https://www.99acres.com/articles/union-budget-2021-22-tax-measures-to-boost-housing-demand.html

Mr. Nishant Deshmukh, Managing Director, Sugee Group contributes his views to the top tax reforms announced in the Union Budget 2021-22 -


"The relaxations such as tax holiday for one more year will go a long way in helping the segment prosper. Elimination of double tax for NRIs on foreign retirement funds will encourage NRIs to invest in real estate assets. The players in the affordable housing segment will get encouragement from tax holiday being extended for one more year; we would see more developers entering the segment in the coming year."


Nishant Deshmukh, Managing Director, Sugee Group


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