Tax Deduction for first home loan borrowers – There is something to cheer for individuals seeking home loans as well. The Finance Minister has announced that for first time borrowers of home loans up to Rs. 25 lakh during the financial year 2013-14, there will be an additional tax deduction of Rs. 1 lakh on the interest. This implies affordable housing to many, and is also expected to generate more employment in the construction sector. The FM has also announced that the additional tax deduction can be carried forward to the next year, if the limit has not been exhausted in the present year.
You might like reading:
Branding Strategy of Maggi Noodles
Whose product is Maggi? Nestle Nestle: -Swiss Company founded in 1866 by Henri Nestle -Main focus: Great taste + Health, nutrition and wellness Maggi: -Nestlé unleashed Maggi in India in 1982 -First Maggi (2-minute noodles) variants in India: Masala, tomato and chicken flavors -Nestle’s iconic brand -Flagship culinary brand in India as well as globally Nestlé India Ltd. […]
Role of human resources in compliance management
It is impossible these days to open a newspaper or browse through a news website without reading about business scandals. On an international and national level, insider trading at prominent hedge funds, Ponzi schemes, falsified data at pharmaceutical companies, entire industry based on drug reproduction and breaches in accounting and reporting practices frequently make headlines of newspapers and bulletins. It […]