Interim Budget 2024 could ease tax burden of homebuyers via these benefits

Many homebuyers still opt for old tax regime instead of new tax regime because of twin tax benefits. The old tax regime allows homebuyers to claim deduction on the interest paid under Section 24 for maximum up to Rs 2 lakh. Similarly, homebuyers can claim deduction up to Rs 1.5 lakh under Section 80C for principal repayment of home loan.

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