Home loan interest deduction

CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for – new tax or old tax? 

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CBDT tax calculator: If your annual salary is Rs 15 lakh, which tax regime should you opt for – new tax or old tax? 

Tax calculator 2025: The Income Tax Department has introduced a user-friendly tool for taxpayers to compare taxes under the New Tax Regime for the financial years 2024-25 and 2025-26 (post budget proposal). This tool allows individuals to determine which tax regime is more advantageous based on their income and deductions. Access the official Income Tax … Read more

Cap on affordable housing should be increased to Rs 80 lakh to benefit homebuyers: CREDAI

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Cap on affordable housing should be increased to Rs 80 lakh to benefit homebuyers: CREDAI

The Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body for realtors, has called for a 100 percent deduction on interest paid on home loans under the Income Tax Act to boost demand for affordable and mid-income housing.  CREDAI also proposed that the definition of affordable housing be revised, with the price … Read more