Tag Archives: Housing Loan benefits

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 […]

Calculation of Income from house property for income tax purpose

How to calculate ‘income from house property’ for income tax purposes If you have a house/flat that is either rented out or kept vacant you need to know about income from house property for tax calculation purposes. This is also important for tax saving if you want to set off the interest you are paying […]

Remember to availed new home loan tax benefits of Budget 2016?

Remember to availed new home loan tax benefits of Budget 2016? While doing your tax planning for this financial year, i.e., 2016-­17, don’t forget to claim some of the new tax benefits introduced in the last budget. Home loan borrowers should remember to claim these additional benefits if they qualify.Further, those who do not get […]

How can you Differentiate between a ‘Home loan’ and a ‘Loan against property’

How can you Differentiate  between a ‘Home loan’ and a ‘Loan against property’ I have discovered that a lot of people can’t differentiate properly between a ‘home loan’ and a ‘loan against property’. many of us decision me to inquire a few ‘home loan’ against security of a property already owned by them. it’s not […]

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