Searched for
HOME LOAN DEDUCTION
Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate onlineA Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
- How a simple home loan EMI calculation before you apply can reduce your interest burdenA home loan EMI calculator is an invaluable tool for financial planning, allowing users to estimate monthly repayments, total interest, and...
- 'I earn Rs 2 lakh a month': Engineer cab driver's answer leaves Bengaluru influencer stunned, his business model gave 'goosebumps'A Mumbai cab driver has gone viral after revealing that he earns around Rs 2 lakh a month through a fleet business he built from scratch. S...
- ITR filing 2026: 5 benefits of filing income tax return besides paying taxesFiling your Income Tax Return is more than just a tax duty. It acts as a vital financial record. It helps in getting loans approved. You ca...
- New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
- Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
- Buying vs renting a home: ₹1 crore home today or ₹6 crore corpus after 20 years - how the strategy of renting and investing may beat buying a house in IndiaBuying a home in Indian metros is an emotional decision, but financial realities are shifting. Renting and investing the difference between...
- Planning to take home loan? 5 smart ways to maximise your benefitsThe amount you borrow should depend on your personal financial situation, including monthly expenses, existing liabilities, lifestyle needs...
- Don’t miss out: Smart last-minute tax moves to boost deductions before April 15Tax tips before April 15 deadline: With the April tax deadline approaching, organize your documents and explore deductions for retirement a...
- Parental wealth crucial when determining wife's maintenance? Bombay HC directs husband to deposit Rs 3 lakh; know why"What must be assessed is whether the claimant spouse has sufficient independent income to sustain herself," the court said. While highligh...
- Filing taxes soon? 7 crucial questions every homeowner should ask nowHomeowners filing taxes should check deductions, credits, and deadlines before April 15. Some may qualify for solar benefits, mortgage inte...
- Bank of Baroda system error inflates EMIs, hits borrower scoresBank of Baroda, said multiple people ET spoke with, charged a higher interest rate by mistake, leading to the deduction of an amount exceed...
- Homebuyer claims Section 80C tax deduction for home loan repayment, tax dept challenges it — ITAT Panaji rules in his favourA Goan homebuyer successfully challenged the tax department's denial of his Section 80C deduction for home loan repayment. The ITAT Panaji ...
- Should home loan be the only factor to see while choosing between old and new income tax regime?Budget 2025 brought significant changes to India's income tax structure. Under the new tax regime, the basic exemption limit was hiked to R...
- ITR filing: Can a salaried taxpayer claim deductions for HRA and home loan interest together?There are hardly many tax saving avenues when you fall in the highest income tax bracket so utilising every available tax saving option bec...
- Tax benefits on home loan that you need to know aboutIf an individual is planning to opt for the old tax regime in the current financial year 2021-22 and has ongoing home loan/planning to avai...
- Budget 2022 expectations: Six measures that can help home buyersA dedicated tax provision allowing deduction of principal repayment (currently forming part of 80C deduction) will incentivise homebuyers t...
- You won't benefit much from affordable home loan tax deduction u/s 80EEA: Here's whyOne can claim this tax deduction benefit of Rs 1.5 lakh annually if he/she does not own a property and is planning on buying a house in the...
- Tax benefits applicable on pre-EMIsTax deduction for pre-construction period, on the pre-EMIs, can be availed only after the construction of the building has been completed.
Load More
