Request to FM to allow tax rebate on house loan interest where delivery is delayed

Reasons for signing

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ASHISH BISARYA
3 years ago
Absolutely. Builders are fooling people with false promises and once they have our money, we are left unattended and unheard. Here's our voice.

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MANOHAR ORASAD JAKHANWAL
3 years ago
I'm this petition as I feel that Government is also responsible for creating this mess.

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Shiban Kak
3 years ago
The interest charged on the housing loans for houses or flats being delayed is not ethical because it is not any fault of the purchaser who is using his savings and hard earned money to pay rent and also the installments of the loan. If a subsidy or holiday on the interest for the period of delay is offered it could help the applicant and the real estate industry because more people would than try for purchasing new property. Actually the burden of the tax should be charged from the housing real estate company which is delaying the completion and allotment of the property.

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S K Chopra
3 years ago
It's genuine concern

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Varughese Mathew
3 years ago
I support Sanjeev's cause

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Mahendran Arumugam
3 years ago
I support the causr

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Rajiv Sinha
3 years ago
I am also sufferer of builder incompetency and fully support this initiative. Buyers should not be burdened with payments of EMI
only with no benefit of Income tax rebate on interest accrued on home loans due to delay in handing over of completed flat by the builder. It is very legitimate and genuine demand of buyers since we have no control over these delays and instead of penalizing builders , the buyers are deprived of the income-tax relief.

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Biju Anthony
3 years ago
Indian tax payers are burdenned with too much tax. They income tax, then pay tax on every product they buy, then pay tax on digital payment for services. Once they have been taxed on their inocmes then why additional taxes on products & services. It means they keep on paying taxes even after tax on income.

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H K Srivastava
3 years ago
House delivery is delayed and now case is in NCLT

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V. Kumar
3 years ago
I am signing-in because our hard earned money is not meant for anyone to enjoy. Builders need to be tightened for timely delivery. RERA formed by government should focus on consumer issues. There are many improvement areas that RERA should govern right from delivery to construction material. Banks on late delivery not supports consumer. Where should innocent buyer make appeal. Request to our finance minister to intervene with banks and RERA.