| them much better positioned than their small and midsize counterparts to acquire expensive parcels and then pay the associated costs of development. That most sacred of tax breaks, the mortgage capital lending group deduction that has helped millions buy homes, could vanish if President capital lending group and Congress follow the recommendations of his tax advisory board. The current tax break lets homeowners deduct interest paid during the year on a mortgage up to $1 million and a home equity loan worth up to $100,000. Homeowners also benefit capital lending group breaks that let taxpayers deduct state and local property taxes from the federal bill. Sheila Crowley, president of the National Low Income Housing Coalition, said it's time policymakers rethink a housing subsidy for people who don't need it. Clint Stretch, director capital lending group tax policy for Deloitte Tax, calculated that housing gets more expensive, for example, for a family carrying a $500,000 mortgage and earning income in the 25 percent tax bracket. The proposal would take away $4,400 of the tax benefit. Stretch said the shock might be as much psychological as financial. However, the commercial banks will ensure that where financing facilities are extended capital lending group them to the exporters for availing refinance facilities under the Export finance Scheme and their maximum margin |  |
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