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How Could a 50% Standard Deduction on Rental Income Boost the Buy-to-Let Market?

Raising the standard deduction to 50 percent will improve the Buy-To-Let (BTL) market by substantially enhancing post-tax rental yields. Given that India continues to exist in a low yield environment, lowering the taxable component of rent will make real estate investment competitive with other asset classes. A move from the present 30% deduction to 50% rental income tax exemption under Sec 24(a) will have a revolutionary impact on buy-to-let investors in India.

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Godrej Reserve Kandivali East Godrej Properties

Kandivali East, Mumbai - 400101

RERA: P51800054703

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