Budget 2025 amends Section 23 of the Income Tax Act, allowing taxpayers to claim the annual value of up to two self-occupied properties as nil, without any condition. This simplification applies if the properties are used for the owner’s residence or cannot be occupied due to employment, with the provision for two house properties remaining unchanged.
FM Nirmala Sitharaman sets second home tax worries at rest
Categories:
Related Post
TD Bank gave incorrect customer data to consumer reporting agenciesTD Bank gave incorrect customer data to consumer reporting agencies
Financial watchdog says Toronto-Dominion Bank shared incorrect info for thousands of its U.S. customers with consumer reporting companies.
Voters reject criticisms of Trump from former staffers as they send him back to White HouseVoters reject criticisms of Trump from former staffers as they send him back to White House
Democrats ran on the argument that Donald Trump is unstable, unhinged and unchecked, claims bolstered by criticisms of Trump from his former White House staffers. But voters felt differently, sending
Gambhir under pressure as Team India gears up for BGT against AustraliaGambhir under pressure as Team India gears up for BGT against Australia
The Indian cricket team will soon face Australia in a five-Test series. The team’s head coach Gautam Gambhir is under pressure after a poor showing against New Zealand. India lost