Affordable housing tax relief: Budget 2024 expected to bring back deduction on home loan interest payment, other measuresBudget: India's real estate sector is currently facing a combination of challenges and opportunities. One significant opportunity is the in...
11 Jul, 2024, 10.18 PM IST
Budget 2024 should hike basic income tax exemption limit to Rs 5 lakh in both old and new tax regimes: DeloitteFinance Minister Nirmala Sitharaman is likely to present Union Budget 2024 this month. Salaried taxpayers are eagerly waiting for some much...
03 Jul, 2024, 01.15 PM IST
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...
08 Feb, 2024, 04.51 PM IST
Housing for middle class: New scheme announced by FM in Budget 2024Affordable housing in interim budget 2024: According to the Finance Minister budget speech, the government will announce a new scheme for m...
02 Feb, 2024, 11.49 AM IST
Earning Rs 12-15 lakh annually? Old or new income tax regime, which one helps you save more taxThe new tax regime is mostly better for people who are unable to claim various deductions and exemptions under the old tax regime. But, if ...
11 Apr, 2023, 02.20 PM IST
New tax regime 2023: List of tax deductions, exemptions not availableHere's a list of the main exemptions and deductions that taxpayers will have to forgo if they opt for the new regime.
02 Feb, 2023, 04.53 PM IST
New income tax rules and other money related changes effective from April 1, 2022The beginning of the new financial year marks the changes in the income tax rules and others money changes. It is important to know new inc...
01 Apr, 2022, 11.00 AM IST
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...
01 Mar, 2022, 04.46 PM IST
Rushing to make last-minute tax-saving investments? Maybe you don't need toHere are a few expenses that come with tax advantages and will help you neutralise your tax outgo for the current financial year. Do keep i...
23 Feb, 2022, 01.57 PM IST
You must get loan for affordable housing before March 31 to get this tax breakInterest paid up to a total of Rs 3.5 lakh can be claimed as a deduction from gross total income of the borrower thereby reducing his/her t...
23 Feb, 2022, 10.03 AM IST
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...
30 Jul, 2021, 02.48 PM IST
Here’s what the budget did not do for taxpayers, home buyers, pension funds, job marketHere is how tax experts and other industry leaders are reacting to Budget 2021.
05 Feb, 2021, 06.09 PM IST
Additional tax deduction of Rs 1.5 lakh for interest on home loan for affordable housing extendedThe deduction of Rs 1.5 lakh in a financial year is available under section 80EEA of the Income-tax Act, 1961. Deduction on payment of inte...
02 Feb, 2021, 01.37 PM IST
Buying a home under Rs 45 lakh? Budget just brought you some major cheerIf you are seeking to buy a home worth Rs 45 lakh and going to take a loan of Rs 40 lakh for the purchase, the rebate that you'll get will ...
02 Feb, 2021, 11.47 AM IST
Opted for moratorium on home loan EMIs? Here's what will happen to your tax-savingsCurrent income tax laws allow tax benefits on both principal repayment and interest paid on home loans.
19 Jun, 2020, 10.31 AM IST
How to save tax without fresh investments in FY 2019-20A taxpayer may be having liquidity issues and as such, not be in a position to make further investments in tax saving instruments. For such...
04 Jun, 2020, 01.53 PM IST
You might be able to buy a house for up to Rs 50 lakh under an affordable housing scheme, if industry demands are metIf the industry demand is met by the Finance Minister, then for the consumer it will be beneficial as they will be able to buy a house up t...
26 Sep, 2019, 08.42 PM IST