- Wednesday, September 1, 2010, 9:04
- Income Tax
- 159 views
The new tax code offers a little extra in terms of your take-home salary by tweaking tax brackets and increasing tax deductions. But you will have to rework your investing habits a bit in the financial year 2012-13 (when the Direct Tax Code gets functional) and change the way you invest in order to get the maximum benefit that the government plans to offer.
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- Wednesday, June 9, 2010, 8:37
- Income Tax
- 592 views
If you avail of a home loan for buying an under-construction apartment, the tax law provides for a deferred deduction on interest payable during the pre-construction period. The total amount can be availed of as deduction in equal installments over five years starting from the financial year in which the construction is completed.
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- Tuesday, June 16, 2009, 3:06
- Income Tax
- 543 views
The government is considering a proposal to hike income-tax exemption Make these charges part of your budget available for interest payment on home loans to Rs 2.5 lakh a year, to boost demand and rebuild the slowdown-hit housing industry.The ministry of housing and urban development has urged finance minister Pranab Mukherjee to make an announcement to [...]
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