Budget21:FM extends additional Rs 1.5 lakh tax deduction

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.


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