Home loans for purchase or construction of a house provides few income tax benefits to the borrowers. Currently, there is an income tax benefit for the interest payments and principal amount on home loans. However, it is felt that few existing provisions are a tad unfair, which can be addressed by the finance minister during the budget. Read More at http://shopsandhomes.com/blog/index.php/2016/02/can-budget-2016-provide-relief-for-home-loan-buyers/
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Monday, 29 February 2016
Can Budget 2016 provide relief for home loan buyers?
Home loans for purchase or construction of a house provides few income tax benefits to the borrowers. Currently, there is an income tax benefit for the interest payments and principal amount on home loans. However, it is felt that few existing provisions are a tad unfair, which can be addressed by the finance minister during the budget. Read More at http://shopsandhomes.com/blog/index.php/2016/02/can-budget-2016-provide-relief-for-home-loan-buyers/
Labels:
home loans,
income tax benefits
Location:
India
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