Budget wish list: Mortgage companies bat for tax holiday for affordable housing projects
- Posted on December 23, 2025
- By Business News Today
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Budget wish list: Mortgage companies bat for tax holiday for affordable housing projects
Under the first Pradhan Mantri Awas Yojana (PMAY), developers were eligible for a 100% income tax exemption on profits from approved affordable housing projects. The scheme ended in March 2022 and the incentive was not carried forward under PMAY 2.0, prompting mortgage lenders to seek its reintroduction.
