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Showing posts with label Income tax section 80EEA. Show all posts
Showing posts with label Income tax section 80EEA. Show all posts

Monday 9 September 2019


·                       
Surcharge hiked for those earning above Rs.2 crore; higher deduction on home loan interest for low-cost housing
·                       Extra deduction for interest paid on loans taken in current FY for buying a house priced up to Rs.45 lakh
Finance minister maiden budget speech lasted for over two hours but she spent about five minutes on direct taxes. Clearly, after February’s populist Interim Budget, there was little room to offer more benefits. But the budget was not entirely without implications for taxpayers.

Saturday 20 July 2019


In Budget 2019-20, new duty derivation advantages up to 1.5 Lakh is reported by the legislature. This new expense finding advantage is relevant under new Section 80EEA for the home credit financing cost installments. The fundamental goal behind giving this unwinding is lodging for all or moderate lodging by 2022. The new assessment derivation advantage will help a citizen in setting aside a great deal of cash at the more extended run.