Existing borrowers may not feel the positive impact of the MCLR coming down immediately as the MCLR linked home loan has a reset-period which is generally one year from the date of commencement of the loan.
Budget 2019 India: The Fund of Funds is a mutual fund scheme which invests in other mutual fund schemes but does not directly invest the investor's money into the assets such as debt securities or equity shares.
Budget 2019 India: The FM has proposed an additional deduction of Rs 1.5 lakh for the interest paid on the home loan for residential house property. But, there are certain conditions to be fulfilled before you can claim it.
Budget 2019: Budget 2019 has few proposals that may help the taxpayers in not only making their tax life easier but also giving them more options to choose tax saving investments or even save more tax.
Budget 2019 India: Under Section 194DA of the Income Tax Act, 1961, any amount received by the life insurance policyholder from an insurer is subject to TDS of 1 per cent, if the maturity proceeds is not exempted under Secti
Tax Benefits & Exemptions for Senior Citizens in Budget 2019: The expectations by the senior citizens from the Union Budget 2019 is no less this time especially when the interest rates are falling and medical inflation is on