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 ...

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 ...

Homebuyers want the Budget to boost affordability amid soaring property prices. Their key demands include raising interest deduction limit to Rs 5 lakh and return of Section 80EEA ...

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 ...

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 ...

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 ...

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 ...

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 ...

Tax calculations: The Centre has once again aimed to enhance the appeal of the New Tax Regime by introducing lower tax rates and reducing deductions. This restructuring aims to simplify taxation, ...