Saturday, May 21, 2011
Tax planning with home loan
A house is one of the biggest investments and most of us might already know that our home loans are eligible for tax benefits under the Income Tax Act. Today, Housing loans have become an attractive proposition to save taxes. For salaried individuals Public Provident Fund, Life Insurance Premium, Equity Linked Savings Schemes (ELSS) etc are eligible for Section 80C deductions....More at Common Floor site.