Great expectations from Budget 2019? Find out if they can ...
a. Home loan deduction at Rs 5 lakh Raj Khosla, Founder and MD, Mymoneymantra There was a time when you could buy a house worth Rs 30 lakh with a home loan of Rs 20-22 lakh. At 9%, the interest worked out to around Rs 2 lakh a year which got covered by the deduction under Sec 24.