Affordable housing gets further support as tax holiday extended by 1 year

Affordable housing gets further support as tax holiday extended by 1 year
By , ET Bureau
Share
Font Size
Save
Comment
Synopsis

Property developers are expected to launch more affordable housing projects--the segment that has one of the leading demand patterns since the last three years--to claim 100% tax deduction on profits from such projects.

iStock
Loan interest payment of up to Rs 2 lakh is allowed as tax deduction for all segments of housing.

Read More News on

(Click here to know how to save on taxes for the financial year 2020-21.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.