Please note that there is no similar provision for levying income tax in respect of tax benefits claimed for interest on home loan Source: money
Please note that just by transferring income from your account to the bank account of your son, you will not be able to reduce the…
As the number of rollovers increases, so does the number of mistakes. And they can cost savers a lot of money Source: money
If your investment portfolio can generate a higher return than the interest you will be paying for the loan, only then you may consider taking…
Income tax benefit: It is important to note that the deduction is available only for tuition fee and other payments like any donation or as…
All withdrawal strategies have their advantages and disadvantages. It’s important to understand them. Source: money
During the pandemic, many commercial offices were vacated, office space were reduced. Due to this, rental income took a hit.One should invest in Reits through…
In ELSS, the fund should have a minimum of 80% in equity whereas in other equity diversified funds this limit is up to 65% Source:…
Equity shares of companies listed on the Indian Stock exchange are treated as long term capital assets if the same is sold/transferred after having held…
One can claim a deduction for repayment of a home loan taken from specified entities for acquiring a residential house up to ₹1.50 lakh every…