Gujarat Chief Minister Bhupendra Patel has taken a major revenue-related decision to provide substantial relief in payable duty amounts for housing transfers concerning the state's lower and middle-income families and individuals, said an official release from the Chief Minister's office.
According to this important decision, in cases where societies, associations, and non-trading corporations carry out property transfers through allotment letters or share certificates, up to 80 per cent of the payable duty will be waived. Thus, only about 20 per cent of the original duty amo
Mumbai (Maharashtra) [India], April 22: Fibe, India's leading fintech has joined hands with Mirae Asset Financial Services (MAFS), the NBFC subsidiary under the Mirae Asset Financial Group, to expand credit access to last mile consumers. This strategic partnership is set to empower salaried
Jaipur (Rajasthan) [India], March 21: Aavas Financiers is proud to announce a significant milestone in our journey - achieving Rs. 20,000 Crores in Assets Under Management (AUM). This remarkable achievement reaffirms our commitment to providing accessible and affordable housing finance to th
Biological E Limited (BE) on Tuesday announced a strategic partnership with Bavarian Nordic A/S (OMX: BAVA) to expand access to Bavarian Nordic's Chikungunya Vaccine in low- and middle-income countries (LMIC).
The Union Budget 2025's focus on supporting lower- and middle-income households could help revive private investment in the economy, according to a report by HDFC Bank.
Sitharaman, during her Union Budget 2025 speech, announced that no income tax will be payable on income up to Rs 12 lakh, providing significant relief to taxpayers, especially the middle class
Noting that India's GDP growth for 2024-25 is expected to be 6.4 per cent as per government data, the Congress on Thursday said that the Modi government is taking India into the "middle-income trap, which will make us uncompetitive, underproductive, and unequal".
The funds raised through IFC's investment will be utilised to address critical gaps by providing housing loans to low-income and middle-income groups (LIG and MIG), with a particular focus on encouraging homeownership among women.
Mumbai (Maharashtra) [India], December 18: Aditya Birla Housing Finance Limited ("ABHFL"), a wholly owned subsidiary of Aditya Birla Capital Limited, India's leading, diversified financial services company has signed a Memorandum of Understanding (MoU) with National Housing Bank ("NHB") to a
Union Finance Minister Nirmala Sitharaman called for more affordable and cheaper lending from World Bank during her the annual meeting of the organization.
The Asian Development Bank (ADB) has signed an agreement with the International Finance Facility for Education (IFFEd) that will enable at least USD 500 million in new concessional education funding for lower middle-income countries (LMICs) in Asia and the Pacific.