Tag Archives: Housing Loan benefits

Tax Benefits related to rent paid,PPF and National Pension System

Tax Benefits related to rent paid,PPF and National Pension System Tax benefits in respect of rent paid Section 10(13A) of the Income Tax Act provides for Tax Benefits to a salaried person in respect of rent paid for a rented accommodation occupied by him if he is in receipt of House Rent Allowance (HRA) called […]

Private Banks raise MCLR after deposit rate hike – home and car loan expect to rise

Private Banks raise MCLR after deposit rate hike – home/car loan expect to rise Borrowers should prepare more for their home and car loans in the months ahead as bank rates have changed course and are now on the way up. Private sector banks led by Axis Bank, Kotak Mahindra Bank, IndusInd Bank and Yes […]

Home loan tax reliefs often missed by taxpayers

Home loan tax reliefs often missed by taxpayers The Union budget of 2017 brought mixed bundle of joy for the taxpayers. While the section 80EE was re­-introduced, holding period was lowered which brought cheers for the taxpayers, on the other hand, the individuals claiming a loss on the let out property or deemed to be […]