Searched for
HOME LOAN EXEMPTIONS
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 ...
One-time relief for these Greater Bengaluru property owners: Electricity connection without Occupancy CertificateGreater Bengaluru Authority now allows electricity connections without an Occupancy Certificate for homes on plots up to 2,400 sq. ft. This...
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...
Our objective is to give houses to 22,000 homebuyers of ailing Unitech: SCThe Supreme Court is pushing for a resolution for 22,000 Unitech homebuyers. The court wants suggestions from the new board, banks, and fin...
Asked to work beyond office hours? Know your rights under new Labour CodeIndian employees are often verbally instructed to work beyond mandated hours, a practice normalized but not legal. While the new Labour Cod...
From AI to subsidies: Bernstein’s candid open letter to PM Modi flags 8 critical fault linesGlobal brokerage Bernstein has cautioned India against becoming a mere user of future technology. The firm suggests that continued reliance...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
In times of war: Take a risk or manage it; different, yet same. 6 small-caps from different sectors with upside potential of up to 29%Picking the right stock is easier said than done. Especially when valuations are not cheap and noise levels are high. When we say noise lev...
Developers roll out red carpet for homebuyers in festive seasonRealty companies in India are leveraging the festive season with offers like EMI waivers, GST exemptions, and free registration to boost sa...
Tax benefits on home loan: How to save tax using your home loanHome Loan Tax Benefits: Home loan borrowers should note all income tax breaks offered on home loans because doing so can help you significa...
Do you claim rent and home loan exemptions? You could be under IT scanner. Read howThe Income Tax Department has employed AI to investigate taxpayers' returns, with fraudulent claims related to house rent and housing loan ...
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...
Budget 2012: Government may enhance tax exemption for housing loan to Rs 3 lakhAt present, a deduction of up to Rs 1.5 lakh is available from taxable income towards interest on loan taken for house.
- How to claim tax exemption on your HRA
HRA (House Rent Allowance) forms a crucial component of your income. You can claim tax exemption on your HRA, subject to certain conditions.
- DTC: Home loan interest gets benefit
The revised discussion paper on the Direct Tax Code (DTC) has proposed to continue with the existing system of deducting interest payment (...
- Nuances of home loan tax benefits and HRA exemption
Here are various situations an individual can find himself in and understand what the I-T Act permits him to do. Tax incentive for loan bor...