India's stimulation Package
Some highlights interested me are..
1. Govt is going to issue some tax free bonds thru IIFCL - this means if you buy these binds which grow tax free , so in long run we might make some good returns.
2.Govt is going to announce bunch of packages for New home buyers , one is for 5 Lack package , and another o one is 20 lack package - If you are planning to buy a house in India , i feel it is good time to buy , as real estate market already down by 30% , with this kind of packages + with attractive prices ,if we can find some good property with in your budget , i guess it would be a good investment in this market.
3.Govt also reduced VAT tax on cars ( this applies to 1500 CC and above cars ),so if you are planning to buy a Car - Start your homework now.- I strongly suggest to buy a car that is fuel efficient.
4. Govt is planning to replace all current vehicles with new vehicles -- Will not do any good for us, might improve public safety.
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