Home Loan Tax Benefit

Differences between home loan and land loan

Differences between home loan and land loan

Loans for home and land may seem to be the same since both are part of real estate. But in financial terms, home loan and land loan differ in a few major areas.  Banks and Non-banking financial institutions (NBFCs) provide both loans. Also, despite certain differences, the rules for processing...

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Home loan and tax benefits if you own multiple homes

As the law allows a person to own multiple homes and avail of multiple home loans, we look at the implications on tax exemptions on the home loan for the second houseThere is no restriction on the number of properties you can own. Similarly, there is no restriction on the...

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