Searched for
STUDENT LOAN DEDUCTION
Think you don't need to file an ITR for FY 25-26? These 8 benefits may change your mindITR filing: Filing your Income Tax Return (ITR) offers significant advantages beyond just tax payment. It's crucial for claiming refunds, c...
Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
Who can file ITR-1 this year? Common mistakes to avoid while filing ITR-1 for AY 2026-27 on or before July 31, 2026Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹5...
Need over ₹2 crore for foreign education? From scholarships to SIPs - know the smart ways parents can plan for expensive foreign degreesThe escalating cost of foreign education, often underestimated by Indian parents, necessitates early financial planning. Beyond tuition, ac...
Do college students need to file taxes? Income rules parents should knowCollege students earning money from jobs, freelance work, or scholarships may need to file taxes depending on income type and limits. Paren...
Up to 15% of your paycheck gone? Government can take it without court — here’s whyStudent loan wage garnishment: Federal student loan defaults can lead to direct wage garnishment without court action, allowing up to 15% o...
Maximize 2026 IRS deductions without itemizing — Learn how above-the-line tax benefits save thousands, who qualifies and why?In 2026, the IRS raises standard deductions to $16,100 for singles. Above-the-line deductions reduce taxable income directly. Self-employed...
Complete guide to saving money on taxes in 2025: Easy tips for retirement, health, home, education, children, and moreYou can save money on taxes by using retirement accounts, health savings accounts, and education credits. Parents can get benefits for chil...
Your paychecks could shrink as student loan wage garnishment resumes soon - here’s how borrowers can prepareStudent loan paycheck deductions: America is gearing up to restart wage garnishments for student loan defaulters after a long break. Millio...
Government to resume collection of defaulted Student Loans: How to check your status and optionsEarlier this week, the Education Department delivered devastating news for federal student loan borrowers. The loan defaulters, who failed ...
Education loan for study abroad: Think of tax advantages, repayment ability and job prospectsCurrently, Indian banks are wary of foreign education loans due to stringent US education policies and global economic factors. However, de...
What is education loan? Here's a guideTo apply for the loan, one must be an Indian citizen, having secured an admission into a college/university recognised by a competent autho...
5 smart things to know about tax breaks on education loanDeduction on education loan can be taken if the loan is taken from bank or qualified institution for higher education of self, spouse or ch...
Planning a student loan? 5 essentials to keep in mindStudy the job opportunities available in the market as well as your potential earning capacity once you complete this course.
You can cut tax via these 3 expenses and interest income also: Find out howHere are a few more breaks available under 80C and various other sections of the I-T Act that you can make the most of to further reduce yo...
Study loan needs long-term tax break. Here's whyRUN-UP TO BUDGET 2016: ET makes a case for relaxing the 8-year rule to claim tax benefits because it discriminates against students going f...
- DTC retains select tax sops with a bit of a sweetener
Savings avenues like ELSS & bank term deposits, would not be eligible for deduction under DTC.
- Learn to claim deductions for education loan
Our expert offers tips on various tax-related issues.
- Forget about loans, focus on your studies
Besides lending for tuition fees, banks are willing to lend towards other incidental expenses under the broad category of education loans.
- Educational loans are well within reach
There are plenty of deals available in the loan market these days. Some extra leg-work can help students earn discounts and save a sizeable...