home loans

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RBI Repo Rate: Loan EMI May Become Expensive

An important meeting of the Reserve Bank of India is to be held next week amid the impact of inflation in the country. Many important issues are to be discussed and decided in the meeting of the Monetary Policy Committee. People knowledgeable in the matter say that in the meeting, the RBI can decide to …

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GST sigh of relief for homebuyers

Setback: Additional Tax Exemption On Home Loan Interest Ended From April 1

Citizens has get a setback from the first day of the new financial year 2022-23 starting from April 1. Now an additional Rs 1.5 lakh tax exemption will not be available on home loan interest. Its term expires on March 31. It was started in the budget 2019. At that time a new section 80EEA …

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Budget 2022: Government May Increase Limit Of Rs 2 lakh interest Exemption On Home Loan

Budget 2022-23: Government May Increase Limit Of Rs 2 lakh interest Exemption On Home Loan

Indian Banks Association (IBA) is also expecting as much relief to home buyers from the budget. IBA has demanded in front of Finance Minister Nirmala Sitharaman to increase the scope of interest subvention on home loan from Rs 2 lakh in the upcoming budget. It is expected that people buying a house through a home …

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SBI Customer: How To Download Home Loan Interest Certificate To File Your ITR?

SBI Customer: How To Download Home Loan Interest Certificate To File Your ITR?

Home loan interest certificate is a statement of home loan account provided by your bank. In this, full details of the interest and principal amount you have paid during a financial year are given. It is used as a home loan repayment proof. Home loan interest certificate is mainly used for claiming income tax deductions …

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Groww

Indiabulls Housing Finance divests mutual fund business to GRoww

Indiabulls Housing Finance on Tuesday decided to divest its mutual fund business to investment platform Groww for Rs 175 crore. Indiabulls Mutual Fund is one of India’s largest housing finance companies having a net worth of over Rs 16,500 crore. The company is engaged in providing home loans and loans to small business owners.  Indiabulls …

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