Yesterday was a big day as Finance Minister P.Chidambaram
presented the much awaited Union Budget 2013-14 in the Parliament. As everyone
was speculating, for some the budget brought cheer but for others there was
nothing much in it.
If we talk specifically of real estate then too there was disappointment
from the budget (except the tax exemption on home loans).
Finance Minister did not propose any beneficial proposal for
the real estate sector. Moreover the buyers were disappointed with FM for implementing
tax deduction at source on transfer...
