Budget 2024: इनकम टैक्स कानून की धारा 24 के तहत खुद की संपत्ति के लिए कर्ज पर ब्याज कटौती की सीमा दो लाख रुपए तक है. नारडेको के अनुसार संपत्ति की बढ़ती कीमतों और ब्याज दर को देखते हुए इस सीमा को बढ़ाकर कम-से-कम पांच लाख रुपए करने की जरूरत है.
#budget2024 #FMNirmalaSitharaman #UnionBudget2024 #Modi3.0 #BudgetExpectations #HomeLoan #RealEstate #taxrebateonhomeloan #housingloan #PMAawasYojana
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#budget2024 #FMNirmalaSitharaman #UnionBudget2024 #Modi3.0 #BudgetExpectations #HomeLoan #RealEstate #taxrebateonhomeloan #housingloan #PMAawasYojana
~HT.97~PR.147~ED.148~
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NewsTranscript
00:00For financial year 2024-25, the Finance Minister Nirmala Sitharaman will present the full budget
00:11on 23rd April, which now has less than a week's time left.
00:15The National Real Estate Development Council has submitted a list of demands related to
00:20real estate to the Finance Minister regarding the budget.
00:23In which, there is a demand to take such steps in the budget, which can increase the growth
00:28of the government and achieve the target of housing for all.
00:33So what are the demands that have been made?
00:35What will be the benefit for you?
00:37Can you get any discount in the tax?
00:39Let's try to understand in the video.
00:41So, the organization has increased the prices of property and while looking at the expensive
00:45home loan, while giving way to home buyers, on the interest of the housing loan, the tax
00:50discount limit under Section 24 of the Income Tax Act should be increased from the current
00:55amount of Rs. 4 lakh to Rs. 5 lakh.
00:58In fact, the launching of affordable housing is decreasing and along with that, the sale
01:03of affordable housing is continuously decreasing.
01:05The organization has also recommended the government to change the definition of affordable
01:09residential apartment.
01:10No compensation has been made for the carpet area and prices of affordable housing for a
01:14long time.
01:15In this, the organization has proposed to increase the price limit of affordable housing
01:19without changing the carpet area.
01:22This will help to increase the prices of land in metro cities and along with that, the
01:27benefits of affordable housing projects can be given to other housing projects as well.
01:33With this decision, those who come in the range of low income and middle income will
01:38get the opportunity to buy their house.
01:40The organization has told the government that the builders should pay GST at the concessional
01:46rate or pay GST at the high tax rate after taking advantage of the input tax credit.
01:54At present, 5% GST is imposed on affordable housing units without ITC and 5% GST on other
02:00residential units without ITC.
02:02Developers will save on the tax cost of this option and builders will be able to get more
02:08cash, which will benefit the customers directly.
02:13The organization stressed on these reforms of real estate and said that if these recommendations
02:18are implemented, it will not only give relief to developers, but will also help to increase
02:23demand in the housing sector.
02:25By taking action on tax and regulatory issues, builders and home buyers will benefit and
02:30the vision of the government's housing for all will be achieved.
02:34Real estate sector experts say that real estate is the second largest employer in the country.
02:41In such a case, to accelerate the growth of the sector, the real estate sector needs to
02:46be given the status of a business in this budget.
02:48He also said that by giving a single window approval system, the sector will be accelerated.
02:53At the same time, by considering the status of the industry and the long-term demand for
02:58a single-window approval system, it will help companies to obtain interest on less interest
03:02and benefit from tax incentives.
03:04So, it is possible that this time the tax limit should be increased from 2 lakh rupees
03:09to 5 lakh rupees.
03:11This will reduce the burden of expensive loans on customers to a large extent.
03:16That's all in the video.
03:17How did you like the information?
03:18Do tell by commenting.
03:19What are your expectations from this upcoming budget?
03:22You can tell by commenting.
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03:29of Good Returns.