Tax benefits on affordable housing home loans For investors lo | Wealth of Wisdom - WOW

Tax benefits on affordable housing home loans
For investors looking to purchase affordable homes as investments, there is an additional tax benefit to be availed of. While home loans offered tax deductions of Rs 1.5 lakh under Section 80C and Rs 2 lakh under Section 24(B), the Budget has proposed an additional tax deduction benefit of Rs 1.5 lakh on affordable home loans.