Home Loan Interest Subsidy and Tax Benefit Analysis | PMAY Loan Subsidy Benefit Calculation

Описание: This video analyze the tax saving benefit and interest subsidy benefit that a salaried tax paying individual can avail through #homeloans. it compare three cases. case one is no tax saving and no interest subsidy. case two is tax saving but no interest subsidy and case three is tax saving and interest subsidy. this tutorial will clear teach you about the effective repayment amount and effective interest on subsidized and tax saving loans. it is helpful for those who wish to avail #PMAYCLSS #MIGschemes in urban areas. the benefit of pradan manthri awas yojana for municipality or corporation area residents is 3-6% subsidy depending upon his income level. it also present the analysis of a loan's EMI, repayment towards interest and repayment towards principal. it also include some tips for saving more tax while having outstanding home loans. it is by Dr. Abbas Vattoli, Assistant Professor, Amal College Nilambur.