Almost 25-40% of a person income is going into RENT or EMI for a Mortgage.
People go for RENT since EMI is much higher.
People go for RENT since EMI is much higher.
By Disclosing a low CPI,
> Govt & Banks are able to pay you low Rate of Interest on FDs/Bonds
> Govt will claim Low Inflation
> Indexation benefit on Capital Gains is lower
> Real GDP growth would be Reported Higher
> Govt & Banks are able to pay you low Rate of Interest on FDs/Bonds
> Govt will claim Low Inflation
> Indexation benefit on Capital Gains is lower
> Real GDP growth would be Reported Higher
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