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What are the Tax Benefits in Home Loan?

By IndianMoney , 3 weeks ago

1. Tax deduction of up to Rs. 1.5 Lakh on the principal amount under section 80C of the ITA. 2. Tax benefit of up to Rs. 2 Lakh under section 24 3. Tax benefit of first time home buyers under section 80EEA up to Rs 1.5 Lakhs a year on home loan interest.

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