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Section 80C

Joint home loans

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 […]

Prahalad Singh

15 tips for Tax and Investment Planning for 2015

Well, the year 2015 has just started and for the benefit of our readers we will like to share with them ‘Fifteen important tips for Tax and Investment Planning’ which adopted during the year 2015 will surely help every tax payer to save some portion of his income-tax and also proper planning for his investment. […]

nikunj.j

Why it is advisable to plan early in house purchase

There is an old saying that early planning always pay back good reward and the same follows in own house planning!!! Who says that one has to wait for few years before stepping out of one’s rented accommodation to own home? Whether it’s your first job or you are a settled professional or in govt. […]

nikunj.j

How to reduce the tax on property rental income?

The Union Budget presented by the new finance mister Mr. Arun Jaitley had a special focus on the real estate and infrastructure sector. While announcing various measures to increases the influx of foreign direct investment in the sector along with announcement of new cities and towns, the finance minister also made home loans more profitable […]

CommonFloor Editorial Team

Dream of ‘Housing for All’ might become a reality!

NDA Government started their positive approach towards affordable housing for poor from their Election Manifesto that was released in February, 2014. Through the Manifesto, it was clear that the party was visionary towards Low Cost Housing Programme, ensuring that every family would have a pucca house by the time the nation completes its 75 years […]

Yadunandan Batchu

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