Key expectations include revising the thresholds for the Pradhan Mantri Awas Yojana and enhancing tax deductions for home loan interest. "The real estate sector is a key focus area for the ...

Tax-filing season ... There are more than a few deductions in the offing on April 15 for taxpayers who hopped on this real estate strategy that will have made the investment worthwhile.

Many Americans may think that because they work from home, they can take tax deductions for a portion of their rent, utilities and more. Not so fast. Not everyone qualifies to do that. Wage ...

The real estate sector ... to home loan tax benefits to improve affordability. Shishir Baijal, Chairman and Managing Director of Knight Frank India, suggests raising this to Rs 5 lakh to make home ...

Your home, car, insurance, retirement savings and even your education bills could get you a tax break ... Phone and internet costs deduction Anyone from real estate agents and journalists to ...

Tax Season 2025: How long will it take to get your refund after filing your return? The standard deduction is a fixed amount you can subtract from your income to reduce the portion that is taxed.

A REIT is a corporate entity—structured similarly to a mutual fund—that invests exclusively in real estate and is given a tax exemption for doing so. In return, REITs are required to pay at ...

Additionally, there is a tax deduction of up to Rs 50,000 under Section 80CCD(1B), on top of the Rs 1.5 lakh limit under Section 80CCE. A significant change announced in the 2024 Budget is the ...