Tuesday, July 16, 2024

Home loan tax benefits (FY2023-24): How to save tax on home loan

How to save tax on home loan: The two components of the home loan EMI you pay are the principal repayment and interest. The majority of the EMI is deductible for self-occupied property under section 80C of the Income-tax Act of 1961.

from Tax-Wealth-Economic Times https://ift.tt/kVEhU57

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