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HOMEOWNERS TAX DEDUCTIONS
Taking a second loan for home loan repayment? Claim tax deduction on both under old tax regime for Tax Year 2026-2027Homeowners can now potentially claim tax deductions on interest paid for both their original home loan and a subsequent loan taken to repay...
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...
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...
Homeowners may get 8 new tax deductions under the ‘One Big Beautiful Bill’The One Big Beautiful Bill updates several tax deductions for homeowners starting in the 2026 tax year. These include mortgage interest, pr...
Why a big tax refund in 2026 could mean you overpaid the IRS: What homeowners need to knowMillions of Americans are anticipating larger tax refunds in 2026 due to new tax laws, particularly the expanded SALT deduction for homeown...
IRS tax refund 2026: Americans could see up to $1,000 more — why refunds are rising and what taxpayers should do before filingIRS tax refund 2026: Americans could see up to $1,000 more. IRS data and policy analysis show average tax refunds in 2026 may rise by $300 ...
Union Budget 2026: FM proposes doubling individual investment limit to 10% for overseas residentsBudget 2026 key announcements by Finance Minister Nirmala Sitharaman include new investment rules for Non-Residents. Individuals living abr...
HRA vs housing loan; which one saves you more income tax after Budget 2026?Let us understand which out of HRA and home loan can save you more tax after Budget 2026. House Rent Allowance (HRA) is a tax break which s...
Has Budget 2026 done anything to move taxpayers to new income tax regime?Middle-class taxpayers hoping for tax relief in Budget 2026 were left wanting, as no new concessions were announced. Existing benefits unde...
This tax season could put an extra $1,000 in homeowners’ pockets - what you need to knowThe 2025 tax season brings bigger refunds for many families and homeowners. New tax laws raise deductions, cut some taxes, and boost family...
$9,033 windfall in 2026? Trump tax cuts may deliver big gains for eligible families - see if you qualifyTrump’s 2026 tax cuts could deliver families up to $9,033 in savings this year. The One Big Beautiful Bill Act eliminates Social Security t...
Trump’s Big Beautiful Bill 2026 tax refunds — SALT deduction relief and why homeowners may benefit most as new rules could raise April checksTrump’s Big Beautiful Bill 2026 tax refunds: The One Big Beautiful Bill Act, signed into law by Donald Trump on July 4, 2025, is set to res...
Americans, act fast: Big home energy tax credits set to expire in 2026 — here’s how to claim up to $5,000 before time runs outIf you’re thinking about upgrading your home with solar panels, energy-efficient windows, or a new HVAC system, the clock is ticking. Two o...
Latest version of new tax bill, 2025 clarifies two key laws on income from house propertyThe New Tax Bill 2025 clarifies rules for house property income. It focuses on standard deductions and pre-construction interest on home lo...
Income Tax Bill 2025: Income from house property taxation related two key amendments suggested by select committee, know the impactThe Lok Sabha Select Committee has suggested amendments to the Income Tax Bill 2025, focusing on house property income. These revisions aim...
Selling a house and worried about LTCG tax? You can still pay zero tax u/s 54 despite the budget 2024 shockLTCG on property: You can still save income tax on selling a house despite Budget 2024 announcement. Revenue Secretary Sanjay Malhotra said...
Budget session of Parliament: Nirmala Sitharaman to move Finance Bill for consideration and passing in Lok SabhaFinance Minister Nirmala Sitharaman is set to propose the Finance Bill for the 2024-2025 financial year in the Lok Sabha. The bill requires...
Proposed change in income tax may hit homestay ownersThe move is aimed at plugging the loophole that house owners used to lower their tax liability. "The amendment will take effect from the 1s...
Work From Home Tax benefits: Who can avail home office deductions?Work From Home doesn't always guarantee tax benefits. There are certain conditions to avail home office deductions.
What is the tax liability of buying a second house using a home loan?"Income from house property is taxable once the taxpayer gets possession of the property."