How to save tax on home loan? – Home loan tax benefit

save-tax-home-loan
So you have finally achieved your goal of owning a house after a prominent bank has funded your dream. Are you aware that buying a house loan actually has a lot of tax benefits? Under some sections like Section 80C and Section 24, a lot of tax reimbursement options are available which when leveraged correctly, can yield revenues for you. There are different ways for you to claim tax deduction: 1. ...
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Why tax saving Mutual Funds (ELSS) over other options?

Tax-Saving-Mutual-fund---ELSS
One of the best ways to invest is to participate in plans that generate tax-free returns. While there are many available options such as PPF, NSC, NPS and taxing-saving FDs, ELSS trumps as the best investing option.While it does involve market related risks, it also rewards the investors for extra risks. The objective of ELSS mutual funds is to provide tax benefit (up to ₹1.5 lakh) under...
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Why life insurance is NOT an investment

Insurance is NOT an Investment. Mutual Funds sahi hai
​ If you consider insurance an investment, you're not alone. We live in a world where every adult can swear to have received a "cold call" from an insurance agent at one point in their life or bombarded relative/family friend who is an insurance agent.  This is a characteristic side-effect of the competition in the insurance business, though there is nothing amiss with this. But in such a wor...
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