Is the deduction under sec 80EEA available only for the year of purchase of the property or it is available throughout the term period of the loan as long as we pay interest? Section 80EEA was ...

Buying or building your own dream house is perhaps one of the biggest financial goals you may have on your wishlist. Fortunately, with housing loans available at affordable interest rates today, it is ...

The Income Tax Act offers tax deductions on the interest and principal components of a home loan under different sections and the total tax deduction that one can avail on a home loan can add up to ₹5 ...

To get the tax benefit, one has to get the loan sanctioned by a financial institution during the period beginning on the 1st April, 2019 and 31st March 2022. At the time of filing his income tax ...

Union Budget 2024: Modi 3.0's 1st budget to focus on tax breaks for affordable housing Union Budget 2024: Real estate sector stakeholders, including homebuyers in the affordable housing segment, are ...

Many first-time homebuyers are missing out on a crucial tax deduction, which could significantly reduce their tax liabilities. The lesser-known Section 80EE of the Income Tax Act offers an additional ...

Owning a home is more than just an aspiration; it is also a practical step toward building financial security. For first-time buyers, applying for a Home Loan not only makes property ownership ...

One of the most sought-after income-tax deductions is on home loans. Every time you repay your home loan through equated monthly instalments (EMIs), you are entitled to tax deduction benefits. Your ...

In line with this aspiration, the government has always encouraged its citizens to invest in a home through various progressive schemes like Pradhan Mantri Awas Yojana. But do you know, there are ...

The end of financial year 2022-23 is a few months away and soon, salaried taxpayers will have to submit income-tax deduction, rebate and investment-proof documents to their employers. Among these ...