Motilal Oswal
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Motilal Oswal
Personal Finance

Tax exemption can help boost demand for first-time buyers for houses

Updated : February 01, 2019 07:12 PM IST

Apart from increasing the basic tax exemption, the savings accrued due to exemption on notional rent on the second self-occupied property will also add to the disposable income.
Exemption on capital gain tax u/s 54 is now extended to two houses from the earlier one up to a maximum amount of Rs 2 crore and will help in reviving investor demand.
Tax exemption can help boost demand for first-time buyers for houses
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