Should I Prepay Home loan or start SIP in Mutual Funds? These days many people prefer to take a home loan and purchase their dream home in young age itself. As they move along in their career or business, they might have surplus money. One thing that comes to their mind, is prepayment of home … Continue reading Should I Prepay Home Loan or start SIP in Mutual Funds?
We always have that one big dream of owning a home, for which we strive to make it come true. But end up puzzled, realizing that we need a huge investment to realize it, especially during these pandemic days. Thanks to home loans, you no more need to wait to save up to a large … Continue reading 6 Factors that determine your eligibility for Home Loan
How to download Home Loan Interest Certificate? If you have taken home loan, it is time for you to submit your Income Tax Certificate of home loan to your payroll department. While the process of downloading the IT certificate is simple, many are facing challenges and approaching the bank / financial institution in person. This … Continue reading How to download Home Loan Interest Certificate for Tax Proofs submission?
Buy Your Home to Avail Additional Deduction u/s 24B in AY 2020-21 Buying a “Dream Home” is one of those life achievements that tops almost everybody’s bucket list. Regardless of whether you prefer a modernized urban space or a humble rural home, you hope to locate a home that feels like it was made explicitly … Continue reading Buy Your Home to Avail Additional Deduction u/s 24B in AY 2020-21
How to claim Income Tax Benefits on Second Home Loan? I always look for various ways to save tax as per the income tax act. My 80C is tax benefits are exhausted, interest on housing loan for self-occupied is claimed, etc., I fall in the 30 % tax bracket. I was looking other avenues to … Continue reading How to claim Income Tax Benefits on Second Home Loan?