Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise

Budget 2024: Realty sector expects higher outlay for PMAY, home loan interest deduction limit raise

A higher Budget outlay for Pradhan Mantri Awas Yojana (PMAY), re-introduction of 100% tax holidays on construction of affordable houses and increasing the interest deduction limit on home loans are some of the demands of the real estate industry from the government in this year’s budget. A slew of favourable announcements in this sector could … Read more

LIC ditched these 19 smallcap stocks in Q3. End of the party or just a jittery exit?

LIC ditched these 19 smallcap stocks in Q3. End of the party or just a jittery exit?

India’s largest domestic institutional investor LIC’s holding in India Inc declined to all-time low of 3.64% in the December quarter as the giant likely used the bull market to book profits. Shareholding pattern data reveals that LIC reduced stake in at least 19 smallcaps with market capitalisation of less than Rs 10,000 crore. Following a … Read more