Yes. This is yet another primary reason some body consider to invest in a property is actually a beneficial sount, the interest you have to pay plus some a lot more benefits while you are a primary-go out customer, it does look like mortgage brokers was a smart way to help you lose income tax and you will individual your house

Taxation Masters toward Casing Mortgage

Although not, on the 1st several years of the loan period, the attention component forms the big chunk of your EMI, you simply will not have the ability to allege the whole Rs. 1.5 lakh work for not as much as Point 80C. [Read more…]