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.
Related Posts
US could cut interest rates 3 or 4 times this year: Fed official
- staff
- January 16, 2025
- 0
The US Federal Reserve could cut rates three or four times this year if inflation data cooperates, with a first cut possible before July, a […]