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NAREDCO urges India to expand home loan tax benefits and fix tax rules ahead of 2026 budget.
The National Real Estate Development Council (NAREDCO) is urging the Indian government to boost home loan tax benefits ahead of the 2026 Union Budget, recommending an increase in the interest deduction limit from Rs 2 lakh to at least Rs 5 lakh and removing the five-year deadline for project completion.
The group also calls for reinstating the Income Tax Settlement Commission, disbanded in 2021, to resolve tax disputes and restore investor confidence.
Additional proposals include lowering tax rates for non-corporate entities, capping individual tax rates at 30%, and simplifying tax incentives for rental housing projects to promote affordable housing and long-term sector growth.
NAREDCO insta a la India a ampliar los beneficios fiscales de los préstamos para la vivienda y fijar las reglas fiscales antes del presupuesto 2026.