Blog Page

Home loan balance transfer

Home loan balance transfer

The interest rate of an existing home loan and the flexibility the financing institution offers determines whether one continues with the same loan or thinks of a switch. For a lower interest rate and/or other advantages, customers can transfer the outstanding balance to another financial institution or bank. The new finance company pays the old …

Read More Read More

Tax Deduction for Health Insurance Premium

Tax Deduction for Health Insurance Premium

Investments made towards payment of health insurance premiums qualify for a tax deduction under Section 80D of the Income Tax Act. These limits are for FY 2017-18. Individual assessees can claim deduction for premiums paid towards health insurance of self, spouse, parents and children. HUF can claim deduction for insuring the health of any member …

Read More Read More