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Income Tax Act home loan deduction

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

25 November 2024 by Admin
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

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