If you are a first time home buyer, you can claim income tax benefit under Section 80EE of Income Tax Act. You can claim an income tax deduction on home loan interest paid. NEW DELHI: If you are a ...

For an individual taxpayer, it is a must to know that there are various other tax saving options available to avail tax benefits on buying a home through a home loan. (Reuters) As an individual when ...

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 ...

Home loans are given depending upon your age, your salary status, your capability of repayment and background checks of previous loans. If your credit score is very good then getting an home loan is ...

Deduction is available under section 80EE of Rs 1 lakh or the interest amount payable, whichever is less. If the interest payable is less than Rs. 1 lakh during FY 13-14, then the balance shall be ...

Investments are majorly covered under section 80C of the I-T Act which has the maximum limit of Rs.1.5 lakh. Currently, people who are in high tax brackets are facing this issue of not being able to ...

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 ...