POSTED BY September 15, 2013 2:51 pm COMMENTS (2)ON
I read in the internet saying in the last budget, it was announced that for home loans <=25L, tax exemption would be 3.5 L (2.5L on interest + 1L on principal)
Against home loans of >25L, tax exemption would be 2.5 L (1.5L on interest + 1L on principal repay)
But when I check with most of my friends, they are unaware
Can somebody shed some light on this part ?