Taking a loan is often seen as a financial necessity, but with the right planning, it can also become an effective tool for saving tax. Indian income tax laws offer several benefits on different types ...
The deduction under Section 80E is available only for interest paid on the education loan. No deduction is allowed for repayment of the principal amount.
Taking a loan is often seen as a financial necessity, but with the right planning, it can also become an effective tool for tax savings. Many borrowers are unaware that India’s income tax laws offer ...