If housing loans are taken from Banks, is the government set to pay the interest??
Posted on: 27/Jun/2014 4:53:52 PM
The first budget of the newly formed BJP-led government will be presented by the finance minister, Mr. Arun Jaitley on 10th July.
There are a lot of expectations from the public about this budget.
With the depressing downward trend in the economy, it is expected that the central government budget will offer some tax concessions.
Information has been gathered that there is a proposal for the first time house buyers with bank housing loans that the government will come forward to pay a certain percentage of the interest.
This concession may be based on the individual income basis.
