As per the announcements made in Union Budget 201314, a person taking a loan for his first home from a bank or a housing finance corporation (HFC) up to Rs 25 lakh from April I. 2013 to March 2014, will be entitled to an additional deduction of interest of ,

A

Rs. 75,000

B

Rs. 1 lakh

C

Rs. 1.5 lakh

D

Rs. 2 lakhs

E

Rs. 2.6 lakh