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| Wednesday, March 10, 2010 |
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| Wednesday, March 10, 2010 |
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| Wednesday, March 10, 2010 |
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| Wednesday, March 10, 2010 |
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| Wednesday, March 10, 2010 |
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| Tuesday, March 09, 2010 |
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Budget, Realty and You!
By zameensantosh @ 10:58 AM :: 3 Views ::
0 Comments ::  :: Business , Finance , Home Business , Nature, Property, Home
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Subhash Lakhotia
takes you through the Union Budget and says what it has in store for the Indian investor in realty sector
The Union Budget 2010-11 has brought about significant a m e n d m e n t s, which are going to affect the real estate sector. The first and most important point concerning real estate sector is that the existing income tax deduction in respect of interest on residential house property loan will continue to be allowed as a deduction up to Rs 1.50 lakh. Similarly, the repayment of the housing loan will also continue to enjoy deduction within the existing limit of Rs 1 lakh under Section 80C of the Income Tax Act, 1961.
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