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Budget 2025: Real estate stocks rally up to 9% after rent TDS threshold raised to Rs 6 lakh

Economictimes.indiatimes.com 

The Union Budget 2025 has raised the TDS threshold on rent beyond Rs 2.4 lakh, reducing the tax burden for landlords and tenants while simplifying rental transactions. This change is expected to benefit the real estate sector. Following the announcement, Prestige Estates surged 9.3% to Rs 1,489.95, while Sobha rose 4.6% to Rs 1,385 on the BSE.



Govt announces SWAMIH Fund-2 to complete 1 lakh homes in stalled projects

Economictimes.indiatimes.com 

Finance Minister Nirmala Sitharaman announced a Rs 15,000 crore 'SWAMIH Fund-2' for completing 1 lakh units in stalled housing projects. This follows the success of the initial SWAMIH Fund, which completed 50,000 units and aims to complete an additional 40,000 by 2025.

Union Budget 2025-26: Govt exempts customs duties on EV battery materials to reduce costs

Economictimes.indiatimes.com 

The government's full exemption of basic customs duties on materials for lithium-ion batteries will reduce production costs and foster a domestic manufacturing ecosystem for electric vehicles. This move is expected to enhance India's EV supply chain and bolster the country's position in clean technology through local production of key components.

Budget raises the bet on spending, capex target up by 10.08% to record Rs 11.21 lakh crore for FY26

Economictimes.indiatimes.com 

Union Budget: Finance Minister Nirmala Sitharaman proposes raising next fiscal year's capital expenditure to Rs. 11.21 lakh crore while cutting this fiscal's target to Rs. 10.18 lakh crore. Despite challenges like election impacts and economic slowdown, the government aims to boost growth and job creation through substantial public spending on infrastructure, hoping to stimulate private sector investment and demand.

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Finance Minister draws up plans to encourage PPP for infrastructure building

Economictimes.indiatimes.com 

Finance Minister Nirmala Sitharaman announced a renewed push for private sector participation in large infrastructure projects. Each infrastructure-related ministry will create a 3-year project pipeline for public-private partnerships. An Urban Challenge Fund of Rs 1 lakh crore will also be set up to finance projects, with private sector support being encouraged through various initiatives and support schemes.


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