LOAN INTEREST BENEFIT ON NEW TAX REGIME

Yes to both but to the extent of share of the daughter/husband in the property.

Under the new tax regime, the home loan interest benefits are minimal compared to the old tax regime.

• For self-occupied property, there is no deduction on home loan interest under Section 24(b).
• For let-out property, while interest deduction while computing house property income is allowed, it can be set off against house property income only in the new regime and not against salary or any other income. 

Hence, if you have a self-occupied home loan and wish to avail tax benefits on the interest, the old tax regime would generally be better. Comparing your total tax liability under the two tax regimes before filing your tax return is advisable.