Experts suggest that homebuyers anticipate an increase in the current rebate on housing loan interest under Section 24, from ₹2 lakh to approximately ₹5 lakh.
Under the new income tax regime, the highest 30% tax rate applies to income exceeding Rs 15 lakh, a change from the old regime where it applied to income above Rs 10 lakh.
According to the Finance Ministry's 10-year economic review, India's 7% growth amid a global growth rate of 2% is deemed "qualitatively superior" to the 8%–9% achieved when the global economy grows