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Jul 4 • 6 tweets • 2 min read
Few Tax Benefits for Home Loan 🏡

• 80C
• 24B
• 80EE
• 80EEA

Let's discuss them in detail. ⤵

#StockMarket #stock
1️⃣ 80C

▶Maximum deduction amount: Upto ₹1.5 Lakh

You should not sell the property before five years.
2️⃣ 24B

▶Maximum deduction amount: Upto ₹2 Lakhs on interest.

You are eligible if you take a home loan for buying/constructing the house.
3️⃣ 80EE

▶Maximum deduction amount: Upto ₹50 thousand on interest.

The loan amount should not exceed ₹35 lakhs & the house value should be less than ₹50 lakhs.
4️⃣ 80EEA

▶Maximum deduction amount: Upto ₹1.5 Lakh.

If you are claiming tax benefits under 80EEA, then you cannot claim 80EE. The property value should not exceed ₹45 lakhs.
Find out more about ways to Save Money while Buying a House:
blog.finology.in/finance/ways-t…

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Jul 6
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Year Price
2013 Rs 1031
2014 Rs 1080
2015 Rs 610
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2019 Rs 702
2020 Rs 806
2021 Rs 819
2022 Rs 1053

But, how is the price calculated?

Let's find out⤵️
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But, how is IPP calculated? 🤔

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IPP is calculated as per Saudi Aramco’s LPG price, which is the world’s largest producer.

The price includes costs like:
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10 Powerful Thumb rule of Personal Finance - Everyone Should Know ⤵️
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#personalfinance
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The rule is designed to help you determine the asset allocation between equity and debt. You need to subtract your age from the number 100 to get the equity allocation%

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GainBitcoin Scam ⤵️

#cryptocurrencies #bitcoins
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These 8 money moves will help you save for the future ¯_(ツ)_/

#invest
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(1/9)

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Then What are the options? ⤵️

(2/9)

#personalfinance
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- Eligibility Criteria
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A 🧵
National Savings Certificate (NSC) is a government-backed investment scheme launched on 8th May 1989 that combines guaranteed returns with tax savings.

#Investment #personalfinance
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#Rupee
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