Livemint: Deepak Shenoy emphasizes continued tax advantages of real estate
Real estate continues to offer significant tax advantages, making it a highly favourable asset class.
Livemint Coverage: Amidst concerns over significant revisions to capital gains taxation, Deepak Shenoy, CEO of Capitalmind, has reassured investors that real estate continues to offer significant tax advantages, making it a highly favourable asset class.
In a post on X (formerly Twitter), Shenoy highlighted the unique benefits of saving on long-term capital gains tax by reinvesting gains into a house and the ability to offset principal and interest payments on home loans against salary under Sections 80C and 24 of the Income Tax Act…