Union Budget 2021: Longer Tax Holiday For Affordable Houses
Excerpts from the Article:
The government on Monday decided to extend the additional tax benefit of Rs 1.5 lakh on home loans for purchasing affordable houses by one year to March 31, 2022.
Aditya Kushwaha, CEO of Axis Ecorp, said the announcements made in the Union Budget with respect to the realty sector would not only improve the customer buying behavior but would also boost investments coming through the NRI route. “This move will also give a boost to holiday homes and commercial real estate in the country,” he said.
