Section 80C, 24B Saving and Tax on Home Loan Repayment | Future Generali India Life Insurance
Автор: Generali Central Life Insurance
Загружено: 2018-12-19
Просмотров: 1444
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Tax Benefits on #HomeLoan Repayments - Know more about tax benefits on your home loan repayments and avail tax deductions of up to ₹2 Lakhs under Section 24B on whatever home loan interest you pay in a financial year. Repayment of the Principal amount of Loan up to ₹ 1.50 lakh is eligible for deduction under Sec 80C.
Tax Hack - If your spouse is a working professional then take property ownership and home loan in the joint name so that both of you can claim up to ₹ 4 Lakhs under interest payment and another ₹ 3 Lakhs under principal amount payment.
Also, buying a term insurance plan to secure your family against the uncertainties of the future is a wise choice that you can make now. To know more about the same, click the link below.
Link: https://bit.ly/TermInsuranceForHomeLoan
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#HomeLoan #SaveTaxOnHomeLoan #SaveIncomeTax #FGILI income tax benefit on home loan
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