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 ...

While anyone who buys a house with a home loan can claim tax benefits on repayment of the loan, there is an additional tax benefit for the first-time homebuyers ...

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 ...

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 ...

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their ...

Before you leap on to make fresh tax saving investments, you should first look at the expenses that qualify for deductions. One such expense is repayment of a home loan. If you are a salaried ...

This large-scale verification follows detailed analysis of misuse of beneficial provisions like deductions u/s 10(13A), 80GGC, 80E, 80D, 80EE, 80EEB, 80G, 80GGA, and 80DDB, often in collusion with ...

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 ...