Finance : Learn difference between Loan Against Property and Home Loan. Uncover nuances between two different types of mortgage loans to mak...
Finance : Navigating home loan options can take time and effort. With all the jargon and percentages flying around, making a decision can be...
Finance : Discover the various types of loans available in India, including secured loans like home loans, gold loans, vehicle loans, and mo...
Income Tax : Whether or not the assessee was entitled to a deduction for interest paid on a loan used to purchase a residential home since he h...
Income Tax : Maximize your tax savings with additional deduction of interest on housing loan. Learn how you can claim deductions under section ...
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 launches ‘Mortgage Guarantee’ backed loans for affordable housing sector First bank in India to offer this facilit...
Finance : The government on Monday said low-cost housing loans of Rs 15 lakh (Rs 1.5 million) will be eligible for one per cent interest sub...
Finance : The income ceilings of Economically Weaker Section (EWS) and Low Income Group (LIG) presently defined as Rs. 3300 per month per ho...
Finance : Home and auto loan customers will have to shell out more with several public sector banks including the State Bank, Punjab Nationa...
Income Tax : ITAT Mumbai held that interest paid on housing loan borrowed for purchase of flat is not allowable as cost of acquisition....
Income Tax : If second borrowing has really been used to repay the original loan and this fact is proved to the satisfaction of AO, interest pa...
Fema / RBI : RPCD.SME & NFS. BC. No. 62/06.11.01/2010-11 - In para 43 of the Union Budget Speech of 2011-12, it has been proposed to liberalise...
Fema / RBI : While calculating the interest subsidy, each disbursement may be treated as a separate loan and for each disbursement, subsidy cla...
Fema / RBI : It has been observed that some banks are following the practice of sanctioning housing loans at ‘teaser rates’, wherein the lo...
Fema / RBI : Please refer to paragraph 7.5 of our Master Circular dated July 1, 2009 on Lending to Priority Sector, in terms of which loans gra...
Learn difference between Loan Against Property and Home Loan. Uncover nuances between two different types of mortgage loans to make informed decisions.
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.
ITAT Mumbai held that interest paid on housing loan borrowed for purchase of flat is not allowable as cost of acquisition.
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.
Whether or not the assessee was entitled to a deduction for interest paid on a loan used to purchase a residential home since he had not taken possession of the property
Maximize your tax savings with additional deduction of interest on housing loan. Learn how you can claim deductions under section 80EE & 80EEA.
Explore the tax benefits of housing loans: Section 80 C allows up to 150000 principal repayment deduction, while Section 24(b) permits interest deduction up to Rs. 2 lakhs.
It’s that time of the year when you need to invest in different investment products to enable tax savings for FY 2021-22 OR else regret after March that you did not utilize the benefit of various deductions available for you Now a days, nobody wants to invest just for Tax savings, everybody wants such investment […]
The housing loan is the “Priority Sector Lending”. The Reserve Bank of India, through its Master Direction on the subject of housing loan have advised the bankers adhere to the National Building Code (NBC) formulated by the Bureau of Indian Standards (BIS) in view of the importance of safety of buildings especially against natural disasters. […]
A home loan is one of the most popular ways for young homeowners to own homes. With the soaring costs of houses across the country, a home loan is the best way for people to buy their dream homes.