The additional Rs 1.5 lakh tax deduction on the home loan interest has now been extended till 31 March 2022 by the government. The announcement was made my Finance Minister Niramala Sitharaman today while presenting the Budget 2021, and the move can be see as a step to achieve the government’s aim of ‘Housing For All by 2022’. She also proposed tax holiday for one more year, till 31 March 2022, for affordable housing real estate projects.
Related Blogs
-
5 smart tips to effectively manage multiple loan accounts, from Apnapaisa
Nowadays, it is quite common for people to avail multiple credit facilities within the family. As a matter of fact, there are quite a number of...Read More
-
When to use a personal loan effectively, here’s what Apnapaisa suggests
Life brings us various occasions where we prepare, plan and put our hard-earned money towards our financial stability and security for a better...Read More
-
How To Plan Your Finances Correctly : Here’s What Apnapaisa Suggests
We all have had our ups and downs with life making us aware that it is unpredictable, to an extent which is beyond our comprehension. A pandemic...Read More
-
Here are 5 tips from Apnapaisa on how to attain financial security
In today’s world, for someone to be successful, it only happens when they are physically fit and financially strong. Almost everywhere around the...Read More
-
Beware of fraudulent digital-only/online lenders, suggests Apnapaisa
Over the last decade, with the advent of advanced technologies, the world of finance has seen rapid growth in terms of ease & availability of...Read More
-
Before applying know how sanctioning and disbursement of home loans differ
If you want to take a home loan to buy a residential property, there’s a simple process followed by banks and other lending institutions before...Read More
-
RBI panel’s recommendations to promote orderly growth of digital lending, say industry players
The recommendations made by the RBI working group on digital lending, including lending through online platforms and mobile apps, will promote...Read More
-
5 things to know before going to a lender for a home loan
Home loan interest rates are at a multi-year low and even the real estate prices of residential properties have remained largely stagnant over the...Read More
-
Is it the right time to refinance your home loan ?
Home loan refinancing means taking a fresh loan from the same lender or a new lender on more favourable terms in order to pay off the old loan or to...Read More
-
Digital Transformation: More Than Just Digital
Arun Ramamurthy heads Digital Transformation at Andromeda. Over its 30-year-old history, Andromeda has built an extensive brick and mortar network...Read More
-
Budget21:FM extends additional Rs 1.5 lakh tax deduction on home loan int, supports rental housing proj
"The benefits for affordable housing in terms of exemptions is a welcome move and is likely to give this segment a boost. The recapitalisation of...Read More
-
Union Budget 2021: 4 Key Takeaways For Startups
V Swaminathan, CEO Andromeda & Apnapaisa "The benefits for affordable housing in terms of exemptions is a welcome move and is likely to give this...Read More
-
DHFL Parent WGC sells its loan distribution biz to metdist group
Wadhawan Global Capital (WGC), the parent of cash-strapped Dewan Housing Finance Corp. Ltd (DHFL), is selling its loan distribution business...Read More
-
Banks see pickup in home loans
And the numbers are showing that the housing activity is again picking up momentum. According to a report by Emkay Global Financial Services,...Read More
-
Affordable housing: Low ceiling on value limits income tax benefits from home loans
V Swaminathan, CEO Andromeda & Apnapaisa, says, “The Rs 3.5 lakh deduction available for affordable housing made sense when the interest rates on...Read More
-
Affordability of residential Real Estate Improves Dramatically !!
Due to better affordability, many people have already started buying homes. “Among those who are buying properties, many are first-time buyers. A...Read More
-
Loan Giving App CASHe Inks Partnership Deal With Paytm & Andromeda.
CASHe has also partnered with India’s largest mobile payments and commerce firm, Paytm to allow its users to deposit cash transfers from CASHe to...Read More
-
Mr V Swaminathan, CEO of Andromeda shares his success story.
1991 was a watershed year for India. The government had ushered in several economic reforms to liberalise, privatise and globalise the economy. This...Read More
-
Andromeda buys Apnapaisa in a stock and cash deal.
Loan distributor Andromeda has acquired apnapaisa.com, an online loan solutions provider, in a stock and cash deal. “Andromeda, with presence in...Read More
-
Data, Analytics and Technology fuel Andromeda’s digital transformation journey.
Taking you back to the year 1991, the Indian economy was ready to witness great reforms. These reforms were going to change the very foundation on...Read More
-
Setting Ambitious Goals for My Team and Achieving Them : An Interview with Mr. Swaminathan, CEO of Andromeda Loans
Digital lending has come a long way in India. The pandemic has fuelled a massive digital lending wave. Andromeda Loans has emerged as a reliable...Read More
-
An Interview with Raoul Kapoor, COO, Andromeda
Raoul Kapoor, COO of Andromeda, runs the biggest loan distribution team in India having presence in 250+ cities supported by 2000 + employees, 3500+...Read More
-
Union Budget 2021
After the economy hit the rock-bottom post the pandemic-created market slowdown, India was looking up to its Finance Minister Nirmala Sitharaman...Read More
-
News headline about the topic
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Aenean commodo ligula eget dolor. Aenean massa. Cum sociis natoque penatibus et magnis dis...Read More
