{"id":330,"date":"2019-07-05T12:02:06","date_gmt":"2019-07-05T12:02:06","guid":{"rendered":"https:\/\/www.propertypistol.com\/blog\/?p=330"},"modified":"2019-08-01T13:05:18","modified_gmt":"2019-08-01T13:05:18","slug":"union-budget-2019-highlights","status":"publish","type":"post","link":"https:\/\/www.propertypistol.com\/blog\/union-budget-2019-highlights\/","title":{"rendered":"Union Budget 2019 Highlights: Affordable housing will have tax benefits"},"content":{"rendered":"\n<p><em>Union budget 2019 is out and several reforms related to the <a href=\"https:\/\/www.propertypistol.com\/\">Real Estate<\/a> sector have been transformed. Want to know the budget for New India? Read Union Budget 2019 highlights here:<\/em><\/p>\n\n\n\n<!--more-->\n\n\n\n<figure class=\"wp-block-embed-youtube wp-block-embed is-type-video is-provider-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Union Budget 2019 Highlights  |  PropertyPistol\" width=\"640\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/aMikPO1Wa5s?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><figcaption><em>Union Budget 2019 highlights<\/em><\/figcaption><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-style-default is-layout-flow wp-block-quote-is-layout-flow\"><p>&#8220;We have set the ball rolling for a new India,&#8221; Finance Minister Nirmala Sitharaman said. &#8220;India will become a $3 trillion economy in the current year. It is now the sixth-largest economy, five years ago it was 11th. We are already number three in terms of purchasing power parity. &#8221; <\/p><cite>&#8211; NDTV<br><\/cite><\/blockquote>\n\n\n\n<h5 class=\"wp-block-heading\"><strong>Key Highlights:<\/strong><\/h5>\n\n\n\n<ol class=\"wp-block-list\"><li>Big relief to home buyers as there is an additional&nbsp;<strong>Rs 1.5 lakh tax relief&nbsp;<\/strong>on home loan for the purchase of a house up to Rs 45 lacs.<\/li><li><strong>Tenancy laws to be reformed: <\/strong>New Tenancy laws to be introduced which will address lessor-lessee relationships fairly.<\/li><li>Government plans to launch an inter operable ATM like One Nation One card for pan India travel.<\/li><li><strong>Now Jal for every house:<\/strong> New Jal Shakti Ministry will work with states to ensure <strong>Har Ghar Jal<\/strong> for all rural houses by 2024.<\/li><li><strong>NRIs <\/strong>will be issued with Aadhaar card under 180 days on arrival in India.<\/li><li>Over 1,25,000 km of road to be upgraded over the next 5 years under <strong>Pradhan Mantri Sadak Yojana<\/strong>. <\/li><li><strong>Pradhan Mantri Awas Gramin Yojana<\/strong> to provide 1.95 crore houses to the beneficiaries.<\/li><li>World class iconic sites to be developed to <strong>attract tourists<\/strong>.<\/li><\/ol>\n\n\n\n<p style=\"background-color:#e0b98f;font-size:12px\" class=\"has-background\"><em><strong>Disclaimer:<\/strong> The views expressed above are for informational purposes only based on industry reports and related news stories. Propertypistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union budget 2019 is out and several reforms related to the Real Estate sector have been transformed. Want to know the budget for New India? Read Union Budget 2019 highlights here:<\/p>\n","protected":false},"author":2,"featured_media":362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[35],"tags":[36,37],"class_list":["post-330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-news","tag-weekly-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Union Budget 2019 Highlights: Affordable housing will have tax benefits - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertypistol.com\/blog\/union-budget-2019-highlights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Union Budget 2019 Highlights: Affordable housing will have tax benefits - Real Estate Sector Latest News, Updates &amp; Insights - PropertyPistol Blog\" \/>\n<meta property=\"og:description\" content=\"Union budget 2019 is out and several reforms related to the Real Estate sector have been transformed. 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