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Save tax by using your education loan

Save tax by using your education loan

Tuesday, March 21, 2017, 7:32 PM

Have you taken an education loan from a bank or a financial institution for higher education for yourself, spouse or children? You can claim deduction for the interest you pay on the education loan in a financial year, up to any limits. This deduction is for a period of 8 years and starts from the year, interest payments begin.
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