Home Loan
Steps To Pay TDS on Property
In case of immovable property sales, the tax deducted at source (TDS) is set to 1% of purchase amount if it exceeds Rs.50 lakh. It is to be paid at the time of transaction. The buyer not only has to
Know the Benefits That You Can Get on Your Joint Housing Loan
One of the most remarkable and necessary measures taken during the 2019 Budget was the incorporation of a new home loan tax benefit to convenience borrowers. This tax benefit is exclusively available to first-time home buyers and furthers the government’s
Important Factors to Know Before a Home Loan Transfer
Failing to pay your dues on time will result in accumulating debts along with hefty penalties. To deal with such a situation, you can use the balance transfer facility. Balance transfer facility on home loans allows you to carry forward
Planning a Home Makeover? Consider a Home Insurance Policy
While renovating your house, you might have added sophisticated locks, installed luxury sanitary ware or laid expensive wooden flooring and false ceilings plus more. Although you’ve done your best to give your house a new look, there is always a
Loan EMIs May be Reduced as RBI has Cut Down the Repo Rate
Just days before the Lok Sabha (General Elections) Elections 2019, India’s Central Bank, the Reserve Bank of India (RBI) has announced a rate cut. Yes, the RBI has announced a rate cut for all banks which may directly impact the
Key Benefits of Home Loan under the PM Awas Yojana
The Pradhan Mantri Awas Yojana, in its mission to provide affordable housing to all in India by 2022, has not only reduced the cost of buying a home, but has also encouraged construction in India. Here’s an in-depth look at
