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 […]
Tag Archives: Housing Loan benefits
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’ 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 […]
Income Tax Reliefs from House Property It is very difficult to buy the house from our own saving without obtaining a home loan.as a hikes in property price in last Many Years. It becomes almost impossible for middle and lower class to buy an house . Home loan becomes necessity to Income Tax Reliefs from […]
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