new delhi providing a boost the housing sector finance minister nirmala sitharaman on monday proposed to give a tax holiday for more than one year till march 2022she also proposed to extend exemption available for purchase of affordable housing this government sees housing for all and affordable housing as priority areas in july 2019 budget i provided an additional deduction of interest amounting to rs 15 lakh for a loan taken to purchase an affordable house i propose to extend the eligibility of this condition by one more year to 31st march 2022 sitharaman said in her budget speechthe additional deduction of 15 lakh shall therefore be available for loans taken up to 31st march 2022 for the purchase of the affordable housing sitharaman saidthe finance minister further stated that the centre is committed to promote supply of affordable rental housing for migrant workersfor this purpose sitharaman proposed to allow tax exemption for notified affordable rental housing projects