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Budget 2023 Expectation: Will govt hike income tax deduction limit on home loan interest rate from Rs 2 lakh to Rs 5 lakh?

Budget 2023 Expectation: Will govt hike income tax deduction limit on home loan interest rate from Rs 2 lakh to Rs 5 lakh?

Mon, Jan 30, 2023

Budget 2023: Under Section 24, taxpayers can claim deductions of up to Rs 2 lakh on the interest paid on home loans.

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Home Loan Tax Benefits - Planning to buy your dream home? Here's how to save tax through home loan

Home Loan Tax Benefits - Planning to buy your dream home? Here's how to save tax through home loan

Mon, Dec 05, 2022

Home Loan Tax Benefits: Home loans are strictly given for the purchase or construction of a house. It has two components - Principal amount and interest amount. One can avail tax benefits on these components under sections 80C and 24(B) of the Income Tax Act, 1961.

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Home loan: Know these tax benefit sections in IT Act

Home loan: Know these tax benefit sections in IT Act

Tue, Feb 13, 2018

f you fulfill the bank's criteria, your home loan process moves towards the next step. The real difficulty arises when you fall short of certain eligibility.

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