The presentation summarizes the key impacts of the recent Indian budget on various sectors. It highlights that the budget will provide incentives for real estate investment trusts (REITs) and infrastructure investment trusts (INVITS) to boost investment in real estate and infrastructure. It also reduces foreign direct investment rules for real estate development and provides tax exemptions for individual taxpayers and homeowners to stimulate housing and real estate. The budget is expected to particularly benefit sectors like steel, tourism, information technology, agriculture, infrastructure, and telecom, as well as startups. The real estate sector will see semi benefits.

1. Presentation By : Yash
Chirag
Madhuri
Hardik “T”

2. Presentation Flow :
• Higlights of budget
• Impacts on various sectors
• Results

28. Budget impacts on various sectors
The finance minister has allowed a complete pass-through for taxation
purposes. In a bid to boost investments in the real estate industry, the
government intends to provide necessary incentives for introduction of real
estate investment trusts (REITs).
He also said that REITs would be given a tax pass-through status to avoid
double taxation. Additionally, a REIT-like structure for infrastructure projects
(INVITS) has been proposed.
REIT: the real estate industry

29. FDI:
Minimum size of built-up area for FDI investment has been reduced from
0.5msf to 0.2msf and value-wise from US$10m to US$5m with a lock-in
of three years.
This has the potential to attract FDI money into many more assets.
Additionally, projects committing 30% of total space for affordable
housing will be exempt from size and investment requirements.

30. Tax Exemption:
The FM has given much-needed relief to individual tax payers by raising
the income tax exemption limit by 50,000.
The budget has also increased the tax exemption for self-occupied
homes.
Interest paid on mortgages exempt from tax has been increased by Rs.
100k to Rs. 200k and principal repayment increased by Rs. 50k to Rs.
150k under section 80C.
The combined effect will definitely allow the fence sitters to go in for
home loans and Real estate companies with residential products will also
benefit from this.

33. Impacts on sector
Benefited
• Steel
• Tourism
• I.T.
• Agriculture
• Infrastructure
• Telecom
• Infrastructure Development Finance
Company Ltd (IDFC)
• Start ups
Semi Benefited
• Real estate
Rescorce : Economic times