Presenting her maiden budget in the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday said the income tax exemption limit on home loans has been raised by Rs 1.5 lakh up to March 2020.
The raised tax exemption is applicable for loans upto Rs 45 lakhs, the finance minister said.
Also Read | Live Updates on Budget 2019-20
Also Read | Nirmala Sitharaman announces new coins of Re 1, Rs 2, Rs 5, Rs 10, Rs 20
Also Read | Two percent TDS on cash withdrawal exceeding 1 crore in a year
