Budget 2017: Tax benefit reduced significantly on rented property
The Budget 2017 has brought bad news for people earning rental income. This is because the government has restricted set off of "loss from house property" from other income streams to Rs 200,000. The balance loss is allowed to be carried forward to next 8 years.
Teena Jain Kaushal
Last Updated: February 1, 2017 | 20:52 IST