Home Loans

Let’s say you are planning to build a house, but you don’t have sufficient funds, so you visit house financing schemes. There are several schemes with many different options, but one thing common to all of them is the hassle of being bound to higher EMIs for a long time. At that point, you may…

Understanding the tax benefits on home loan in India is essential for homebuyers looking to maximize their financial advantages. These benefits primarily stem from various provisions in the Income Tax Act, where both principal repayments and interest payments on home loans are eligible for tax deductions. Specifically, Section 80C offers deductions for the principal amount,…