The Finance Bill 2016, which is expected to be approved by Parliament during the ongoing second half of the Budget session, provides for up to Rs 50,000 tax benefit on housing loans up to Rs 35 lakh taken for first residential property. The proposal aims to promote the government’s ‘housing for all’ scheme and strengthen the real estate sector which is facing a massive slowdown for last three-four years. read more at http://shopsandhomes.com/blog/index.php/2016/05/get-extra-tax-exemption-on-your-first-home-loan/
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Sunday, 1 May 2016
Get extra tax exemption on your first home loan
The Finance Bill 2016, which is expected to be approved by Parliament during the ongoing second half of the Budget session, provides for up to Rs 50,000 tax benefit on housing loans up to Rs 35 lakh taken for first residential property. The proposal aims to promote the government’s ‘housing for all’ scheme and strengthen the real estate sector which is facing a massive slowdown for last three-four years. read more at http://shopsandhomes.com/blog/index.php/2016/05/get-extra-tax-exemption-on-your-first-home-loan/
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