By providing tax benefits, the government aims to make home ownership more affordable for people and to boost the demand for housing. There are two components of EMI in any home loan, i.e., principal amount and interest amount. Home loans come with tax benefits that can help reduce ...

Calculating income tax also allows you to claim tax deductions for certain expenses. The tax calculator is live on the income tax department's portal. The Income Tax department on Monday released a ‘tax calculator’ which aims to help a taxpayer decide if the new income tax regime ...

Edited By: Mohammad HarisLast Updated: February 13, 2023, 10:42 ISTFM Nirmala Sitharaman in her Budget 2023 has focused on making the new tax regime more attractive.Though the old regime offers a large number of deductions like 80C, 80D and 80CCD, the new tax regime also has few deductions that ...