home loans Archives - H&R Block| Blog
October 17, 2016

Rate cuts by RBI! Should home loan takers be happy?

Reserve Bank of India has slashed its repo rate once again. The timing has been perfect as this falls in the festive season. On 4th of October, the rate was reduced by 25 basis points from 6.5% to 6.25% with immediate effect. After reduction, the […]
February 29, 2016
Budget 2016: Highlights

Highlights of Union Budget 2016

  On home loans worth upto Rs. 35 lacs, you can claim additional deduction of Rs. 50,000 if you are a first time home buyer. Professionals like doctors, freelancers, etc. can now file an ITR-4S if your income is less than 50 lakhs. Tax filing […]
April 7, 2015
home loan tax benefits

Buying a property? Beware of these tax bloopers

  With festivals round the corner and the Reserve Bank of India slashing repo rates – at which the central bank lends to other commercial banks – builders have been doling out offers to lure home buyers. “Buy home now and pay later,” Get car […]