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real estate in india

Tax saving via Home loan

As the financial year draws to a close, a lot of people feel stressed due to the final tax assessment for the year. It needs to be noted on this point that owning a home is not only a dream realization, but home loans are also wonderful tax saving instruments. Individuals having home loans are […]

Tax Savings from Stamp Duty and Registration Charges

Buying a home can be a difficult and tedious task. Thankfully for all the money one spends or borrows in terms of a home loan for buying the property, there are some tax rebates that can ease the overall tax liability of the individual. In case of a home loan, the principal amount paid as […]

Tax Saving Beyond Section 80C

With the financial year end closing in, tax payers should look forward to explore all possible ways to reduce their tax liabilities. While section 80C of the Income Tax Act remains by far the most popular tax saving route especially for salaried individuals, there are various other tools that one can use to take tax […]

Special Tax Saving Methods for Senior citizens

Many senior citizens are in the dark about various tax saving instruments that they can use. For those who started on the path of proper tax and wealth planning at an early age, the older years turn out to be the golden age. Others are however not so lucky as they possibly use wrong tax […]

Calculating Income Tax on Income from Property

The tax structure according to the income tax Act of 1961 is intrinsically divided into five major categories for calculation of tax. Income from salary, income from house property, profit from business, capital gains and income from other sources constitute the five basic elements used to calculate the final tax.  While income from salary, capital […]

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