What are the tax implications of a personal loan?
Posted on Tuesday, November 28th, 2023 |
Are tax exemptions and deductions available for a personal loan, as they are generally available for loans like home loans and student loans? Well, the answer is not straightforward. A personal loan is an ideal option for handling a variety of significant expenditures because they have no restrictions on the end-use. However, are there tax…
Read moreHow to avail tax benefits on Savings Account Interest Income
Posted on Wednesday, December 14th, 2022 |
A savings account is a simple and secure banking product that enables us to park funds, earn interest on the deposited money, and access it as and when needed. It offers the freedom to make cashless transactions via debit card, online transfers via UPI, NEFT, IMPs and withdraw cash from the ATM while serving as…
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