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Indian real estate firms cheer government’s tax relief plan to boost consumption

(Reuters) – Shares of Indian real estate companies rose on Saturday after the government announced measures to boost the spending power of the middle class in Asia’s third-biggest economy, likely spurring investments in the residential housing space. India’s plan to cut income tax rates in the 2025-26 budget was widely welcomed by investors and experts, as it boosts disposable income in a country
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