Budget 2026

Budget 2026 clarifies tax treatment of pre-construction interest

Budget 2026 Shock: Big Tax Twist for Under-Construction Homebuyers Explained in Simple Words.

Budget 2026 Ends Years of Confusion for Homebuyers Budget 2026 has finally removed a long-standing tax confusion for buyers of under-construction homes. For years, taxpayers wondered how to claim interest paid before possession. Now the government has officially confirmed the rule. Pre-construction interest will remain eligible for tax deduction. However, the deduction will fall within the existing...

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