AFFORDABLE HOUSING-2019-BENEFITS

Budget 2019 has proposed to increase the deduction that can be claimed for interest paid on loans taken for affordable housing by Rs 1.5 lakh to Rs 3.5 lakh per annum for houses valued up to Rs 45 lakh. The deduction is available on loans taken up to March 31, 2020.

2 thoughts on “BUDGET PROPOSES BENEFITS FOR THE FIRST TIME HOME BUYERS UNDER AFFORDABLE HOUSING SCHEME WITHIN RS.45 LAKHS

  1. but the overall budget is not good for all the segments of the society. We cant keep giving free things to one segment to make them rich. Every segment need to work to pull themselves up in the strata.. regards Devansh Chaurasiya

    1. Any and Every abnormally over populous economy with multiple ethnic, religious, linguistic etc groups, with limited means, has to face this situation. The budget is nothing but additions, deletions and manipulations of statistics. All economic theories and policies have no effect on the indian economy.

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