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Home Loan Rates Have Touched 9%+. Should You Prepay? - Bangalore
Wednesday, 22 March, 2023
Item details
City:
Bangalore, Karnataka
Offer type:
Offer
Price:
Rs 560,078
Item description
The interest and principal repayment on such EMIs are deductible from their taxable income under the old tax regime as per the prescribed limits. This allows them to lower their tax burden and thus increase their disposable income. So, if your income falls under the taxable slabs, and you are considering buying a house on loan, it can save you some tax.
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