00:00Next week, the country's budget will be presented in the parliament.
00:07Minister of Science, Nirmala Sitharaman will present it in the Lok Sabha on 23rd July.
00:11It is believed that this year's budget can be a popular one in terms of government schemes.
00:18Under this, many important changes can be made regarding government schemes.
00:22New schemes can also be announced.
00:25In the case of the PM housing scheme, it is expected that the Minister of Science can make some changes.
00:33Real estate operators are expected to make some important announcements related to this scheme and the real estate sector in the budget.
00:41Namaskar, I am Dikwijay Singh. Welcome to GoodReturns.
00:45In this year's budget, changes can be made to the PM housing scheme.
00:49In this, the credit-linked subsidy scheme, i.e. CLSS, is expected to be announced by the Minister of Science at the tax leave for home buyers.
00:59In fact, it has been demanded since 2022 that the CLSS be restarted under the PM housing scheme.
01:07So that economically weak groups, i.e. EWS and LIG, i.e. lower-income groups, get subsidies to buy houses at low prices.
01:19In addition, it is also being demanded to increase the cash aid received in the government scheme.
01:25It is being asked to increase it from Rs. 1.25 lakhs to Rs. 2.5 lakhs.
01:31On the other hand, people related to the real estate industry are also asking to increase the applicable income tax deduction on home loan repayment.
01:39This has not changed in the last 10 years.
01:42Meanwhile, there has been a strong surge in property prices.
01:47The industry is also demanding that a single window approval system be started for real estate projects.
01:54So that the delay in projects can be improved and the business can be easier.
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02:07Namaskar!
