Excerpts from the Article:
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 by Finance Minister Nirmala Sitharaman today while presenting the Budget 2021
We can see the Government’s focus on affordable housing. The deduction on payment of interest for affordable housing has been extended by a year. This move will improve customer buying behavior,” said Aditya Kushwaha, CEO & Director, Axis Ecorp.