Income-tax Act

Here’s How You Claim Tax Benefits On Joint Home Loans
Claiming Tax Benefits On Joint Home Loans Tax laws allow you to enjoy certain benefits with respect to home loans. Benefits are available under section 24 (b) for interest payments and under certain conditions under section 80C for principal payments. A basic condition for claiming tax benefits is that you must be the co-borrower of […]

Home loan gets you tax benefits and a home too!
Rising property prices make home loans inevitable. While buying a home availing a home loan also enjoy tax benefits that come with it. Thanks to firm real estate prices, buying a house is a daunting task for many inIndia. Those who have managed to buy a house have inevitably availed a home loan. These people […]