Income Tax Deductions Under Section 80C and other sections – All That You Need To Know

While calculating my income tax for the year I knew the major sections under which I could reduce my liability. I thought of prodding further and was pleasantly surprised to find that there are a number of conditions under which deductions can be claimed. I am sharing with you a comprehensive list of income tax … Read more

Save lakhs on your home loan by prepaying (and calculator to see what you can save)

There is a perpetual dilemma with those servicing a home loan; whether to prepay or not. I was once in the same category. So I have created an excel calculator to show the impact that prepayment can have on:  savings on the interest payment and the income tax deductions. The file has 3 main sections: … Read more