Opting for home loan? Here are various tax benefits you should know about
Section 80C of the Income Tax Act remains the most popular tax saving option, especially for the salaried class. It allows you to save up to Rs 1.5 lakh per annum. But, what if you exhaust the limit? In that case, a home loan can come to your rescue.
Home loan is taken by those who cannot pay the entire amount to purchase a property. Source - PTI.