Tax-planning on your mind? Know all about these crucial expenses first.
Most assets in India are subject to capital gains tax and property is no exception. Here’s help on how to calculate capital gains for your property.
You can. But you must have good enough reason and proof to claim both. Here’s everything you need to know.
The Income Tax (IT) department can question the authenticity of rent receipts used for tax purposes. Read on to know more.
One of the highlights of the latest budget is additional tax benefits on Home Loans. Let’s refresh your memory about them.
All excited to book your first home? Of course you are. But don’t rush things because your haste could come in the way of your otherwise sound judgement. Things like overshooting your budget, or your realtor halting construction, could dampen your experience.
Haven’t disclosed a part of your income while filing tax returns in the past? Now is the right time to make full use of the Income Declaration Scheme.
Let’s assume you took the plunge to get your home and took a Home Loan two summers ago. You’ve started repaying the loan EMIs but you have a sudden financial emergency and you’re going to be strapped for funds for the next few months. Would you take a Personal Loan, or a Top-up Loan on your Home Loan to help you through the crisis?
Buying a house with Home Loan financing is common practice these days. Not only does it provide you with funds to buy your house, it also helps you saves on your Income Tax. If you are planning to apply for a Home Loan to buy a new house, here’s some information on the tax benefits you are eligible for.
We are all usually surrounded by lot of questions related to investments, taxation, finance etc. In this article, we have handpicked 6 questions which are important and applicable to most of us. 1. How are tax rebates calculated for early payment of a home loan? Those who have availed a home loan usually have this… Read More »