Budget 2019: Why tax benefits on home loan need to be increased by FM Nirmala Sitharaman – Financial Express

  • Press Release|
  • 743 Views
  • |
  • < 1 minute
  • By Taxmann
  • |
  • Last Updated on 28 October, 2020
By CA Naveen Wadhwa, DGM – R&D, Taxmann.com, and CA Tarun Kumar, Taxmann.com and CA Tarun Kumar, Taxmann.com:
 
Union Budget 2019 India: The new Finance Minister, Smt. Nirmala Sitharaman, will present her maiden Budget on July 5, 2019. It shall be seen whether the Finance Minister brings some major changes in the Budget. One of the expectations of the middle-class taxpayers from the budget would be increase in tax benefits on home loan. Prime Minister Narendra Modi has launched the Pradhan Mantri Awas Yojana (PMAY) to provide affordable housing to the urban poor. It aims to provide Housing for All by 2022, by the time the nation completes 75 years of its Independence.

 
Download your free copy today!
 
 

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.

Comments are closed.

Everything on Tax and Corporate Laws of India

To subscribe to our weekly newsletter please log in/register on Taxmann.com

Author: Taxmann

Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.

The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:

  • The statutory material is obtained only from the authorized and reliable sources
  • All the latest developments in the judicial and legislative fields are covered
  • Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
  • Every content published by Taxmann is complete, accurate and lucid
  • All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
  • The golden rules of grammar, style and consistency are thoroughly followed
  • Font and size that's easy to read and remain consistent across all imprint and digital publications are applied