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Union Budget 2025: Major Tax Relief for Homeowners with Two Self-Occupied Properties

Budget 2025 Eases Tax on Multiple Homes

The Union Budget 2025 brings a significant tax benefit for homeowners, allowing them to claim nil annual value on two self-occupied properties without additional conditions. This reform simplifies tax calculations and provides greater financial flexibility to taxpayers.

Key Tax Benefits for Homeowners

✅ Homeowners can now claim nil tax on two self-occupied properties.
✅ Previous conditions, such as residing elsewhere for work, have been removed.
✅ The move simplifies tax filing and eases the financial burden on middle-class taxpayers.

Elimination of Restrictions on Second Home Tax Benefits

🔹 Earlier, a second property’s notional rent was taxable unless the owner lived away for work.
🔹 The new policy removes this restriction, providing greater tax relief.
🔹 Experts believe this will encourage real estate investment and support homeowners.

How This Change Benefits Taxpayers?

💡 Reduces complexity in property tax filings.
💡 Enhances financial security for homeowners.
💡 Aligns with the government’s goal to simplify the tax structure and promote ease of living.

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