Interest subsidy

Interest subsidy

The value of a firm's deduction of the interest payments on its debt from its earnings before calculation of its tax bill under current tax law.

Interest Subsidy

The value of the tax deductions of an individual's or company's earnings resulting from interest payments on its debt over the course of a year. Some interest may be deducted from one's taxable income, depending on the type of loan or how it was borrowed. Common examples of interest subsidies include the deduction on home mortgage interest and student loan interest. Under most circumstances, interest on one's business is fully tax deductible.
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The property is a rental housing project financed by a government interest subsidy loan and will remain the property of a-crown.
To begin with, the government provides an interest subsidy to of up to Rs 2.67 lakh to individuals applying for home loans, thereby reducing the overall amount of the loan.
The three parties shall work to support in implementation of the Ministry of Finance - Government of Nepal's initiative to provide interest subsidy loan to promote entrepreneurship amongst the youth in the productive sector thereby opening avenues to generate employment/ self-employment opportunities amongst the youth.
The Indian government on Wednesday decided to provide 3 percent interest subsidy to merchant exporters to enhance flow of funds for them with a view to boosting outbound shipments.
"Norka Roots releases a capital subsidy of 15 per cent of the project cost, subject to a maximum of Rs2 million and interest subsidy of three per cent for the first four years, to those beneficiaries who pay regularly.
Loans are being provided under three different schemes named 'Ran Aswenna,' 'Govi Navoda' and 'Riya Shakthi' that include interest subsidy loan programme, donor-funded re-finance loan scheme and financial and non-financial support programmes.
New Delhi: The Housing and Urban Affairs (HUA) Ministry said the government okayed a 33-percent increase in carpet area of houses eligible for interest subsidy under its affordable housing scheme Pradhan Mantri Awas Yojana-Urban (PMAY-U) to attract more beneficiaries.
Due to a new mandate, MCGF will receive an additional 40 million manat transfer from the state to finance interest subsidy on SMEs' loans in 2018.
The Minister said the NSB would handle 10,000 loans initially with the General Treasury and the NSB agreeing on an interest subsidy of 5%.
The loan involves interest subsidy in the amount of approximately EUR298,000, the amount being affected by, inter alia, interest rate trends and the eventual loan period.
Under the new government scheme, loans under Rs 30 lakh qualify for affordable housing in which the borrower gets an interest subsidy of Rs 2.67 lakh per annum.
Under the new government scheme, loans under INR30m qualify for affordable housing in which the borrower gets an interest subsidy.

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