Web11 apr. 2024 · Investments under Section 80C up to Rs 1.5 lakh (Public Provident Fund, Equity Linked Savings Scheme (ELSS), Employee Provident Fund, Life Insurance Premium, Home Loan Principal etc). Home Loan ... Web9 feb. 2024 · Both principal and well as interest paid on home loans is eligible for tax deduction. Tax benefits towards home loan repayment are offered under section 80C of …
Section 80EE: Deduction for Interest on Home loan
WebSection 80C offers many tax saving options, but you can also claim deductions through other sources. Some of them include: 1. Interest on home loan If you have a home loan, you may be able to claim a tax deduction for the interest you pay on it. Section 24B allows you to deduct up to ₹2 lakh in home loan interest in a financial year. WebSection 80C is one of the most popular deductions that salaried individuals usually claim to save tax. A maximum deduction of Rs 1.5 lakh is available under Section 80C is one of the most popular deductions that salaried individuals usually claim to save tax. A maximum deduction of Rs 1.5 lakh is available under section 80C against specified investments … has syphilis been eradicated
Should you go for the new tax regime? Explained News,The …
Web3 mrt. 2024 · Section 80EE was first introduced in the Budget 2014 only for 2 years (FY2013-14 & 2014-15) with a maximum deduction limit of INR 1 lakh. However, this section was re-introduced in the Budget 2024. With effect from FY 2016-17 (AY 2024-2024) an individual can claim a deduction of up to INR 50,000 till the loan is repaid. Web30 jan. 2024 · Under section 80C, a deduction of ₹1,50,000 can be claimed from your total income. This deduction is also applicable on stamp duty, registration fees and transfer … WebUnder Section 80EEA, first-time home buyers investing in affordable homes in India get Rs 1.50 lakh income tax deductions on home loan interest payment. The benefits of Section 80EEA are applicable only if they buy an affordable property (worth up to Rs 45 lakh) with the help of a home loans. hassyon.com 詐欺