Income Tax : The New Tax Regime restricts Section 24(b) benefits, disallowing set-off of home loan interest against salary income. Taxpayers mu...
Income Tax : Understand the taxation rules for income from house property, including the basis of charge, computation of Gross and Net Annual V...
Finance : Learn about fixed and floating home loan interest rates. Know how each affects your monthly payments, loan tenure, and overall cos...
Finance : Owning a home is a dream for many, but a home loan is a long-term financial commitment that can span several years. Given rising l...
Income Tax : Learn how to optimize home loan interest tax benefits for self-occupied and rented properties. Strategies include reducing capital...
Finance : Launched in January 2018, Bajaj Finserv’s new website is a perfect example of consumer satisfaction. Why? Well, it’s because o...
Finance : Mumbai: ICICI Bank, India’s largest private sector bank by consolidated assets, today announced the launch of a new home loan, w...
Finance : ICICI Bank, India’s largest private sector bank by consolidated assets, today announced reduction of interest rates by upto 30 b...
Corporate Law, Income Tax : Credit Linked Interest Subsidy scheme for tax paying Middle Classes made effective from January 1 this year. Those sanctioned hous...
Finance : ICICI Bank launches ‘Mortgage Guarantee’ backed loans for affordable housing sector First bank in India to offer this facilit...
Income Tax : During the appellate proceedings, the assessee has submitted that it has taken loan for purchase of two residential properties whi...
Income Tax : Vishwa Kalyan Society Vs DCIT (ITAT Ahmedabad) Brief facts of the case are, that the assessee is a Charitable Trust, having income...
Income Tax : The issue under consideration is whether the default in home loan by the owner of the property can be the reason to disallow the c...
Income Tax : NOTIFICATION NO. 93/2008, DATED 30-9-2008 Reverse Mortgage means mortgage of a capital asset by an eligible pcrscn against a loan ...
Understand Section 24(b) of the IT Act for pre-construction interest on home loans. Learn when to claim deductions with a detailed explanation and an illustrative example.
Navigating home loan options can take time and effort. With all the jargon and percentages flying around, making a decision can be unclear. You’re probably thinking about the hefty down payment of long-term financial commitments or wondering if you’ve chosen the right interest rate.
A CIBIL score is one of the critical factors that determine your home loan eligibility. Based on this 3-digit score, lenders decide whether or not to approve your loan. This is because it is linked to your creditworthiness as it is calculated based on your credit history.
Discover the various types of loans available in India, including secured loans like home loans, gold loans, vehicle loans, and more, as well as unsecured loans like personal loans, short-term business loans, education loans, and credit cards. Understand the advantages and disadvantages of each loan type to make informed borrowing decisions.
Until a few years ago, homebuyers knew only one way of buying a home — they saved and saved for years and when they had saved enough, they would invest in a home.
Article delve into the details of Section 80EE, its eligibility criteria, and how to claim the deduction while optimizing your income tax return.
Consider crucial factors like interest rates, loan tenure, amount, down payment, and fees before applying for a home loan. Navigate the home-buying process wisely with informed decisions.
These days, many banks and NBFCs are offering home loans and borrowers have plenty of options to choose from. It is easy to get approved for a home loan and buying a home is not as difficult as it once was. However, borrowers must be extra careful while availing a home loan – the rule is simple borrow what you can easily repay
During the appellate proceedings, the assessee has submitted that it has taken loan for purchase of two residential properties which have been allotted to two Directors for their residential purposes. It was submitted that the perquisite value on account of residence has been accounted for in the income of the Directors and has been offered for taxation.
Today, there are options aplenty for getting funds for any kind of financial emergency. One of the ways to obtain hefty funds is through a loan against property. This type of loan gives you immediate access to funds, while requiring you to pledge your residential or commercial property as collateral.
