To make your home loan journey a smooth sail, necessary documents, rates of interest, process, in this article we will help you to know eligibility criteria, EMI.
Emi options income tax. There are a number of tax free investment options under the bracket of Section 80C where you can invest to save taxes up to Rs 1 5 lakh in a year.
Many of us might not aware about the maximum benefits which can be available through home loans This article would help to know the maximum income tax benefits.
Download Income Tax Calculator for FY AY 2016 17] Income Tax Slab for FY AY 2015 16] The income tax slab.
Q 2 If I buy a house jointly with my wife , Can we both claim income tax deduction Ans Yes, has a separate, take a joint home loan, if your wife is working
This is one of the most widely used options to save income tax for an individual or Hindu Undivided FamiliesHUFs. Normally we read a term in our Bank loan statement pre EMI interest" but please note that the pre EMI interest term given in Loan Statement may not have the same.