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Housing sops will not change things for sector in any way: Andrew Holland

Whilst on the face of it, it is a positive, it's too small an amount to move the needle too much, says Andrew Holland

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Interim Budget 2019  |  Markets  |  Housing

Andrew Holland 

I like the farm income support measures though the amount was on expected lines. That said, in terms of how they have done it has been more innovative than a vanilla farm-loan waiver. So, I liked that part of it.

Then there are sops for the middle class. Individual taxpayers having taxable annual income up to Rs 5 lakh will get a full tax rebate and therefore will not be required to pay any income tax. As a result, even persons having gross income up to Rs 6.50 lakh may not be required to pay any income tax if they make investments in provident funds, specified savings, insurance ...

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First Published: Fri, February 01 2019. 17:21 IST