Budget Gives First-Time Homeowners Rs. 1.5 Lakh Increase In Tax Deduction | Read

PUBLISHED ON: July 5, 2019 | Duration: 3 min, 11 sec

  
loading..
Finance Minister Nirmala Sitharaman's proposal to increase tax deduction limits on interest paid on housing loans by Rs. 1.5 lakh is likely to bring some cheer into the lives of first-time homeowners. The deduction, which now stands at a total of Rs. 3.5 lakh, is applicable on loans sanctioned during the current fiscal year and for home worth up to Rs. 45 lakh.
ALSO WATCH
July Auto Sales Hit Fresh Speed Breaker

................................ Advertisement ................................

................................ Advertisement ................................