On August 6, 2025, the Reserve Bank of India (RBI) announced it would keep the repo rate unchanged at 5.5%. This decision, made after the latest Monetary Policy Meeting, holds significant implications for borrowers and investors. For Home Loan Borrowers The news is a relief for both existing and prospective homebuyers. For Investors The RBI’s … Read more
A ₹1.87 Lakh Mistake: Are You Losing Money on Your Property Sale? Selling a property? You could be making a costly mistake that’s quietly draining lakhs from your pocket. Sujit Bangar, the founder of taxbuddy.com, shared a real-life example of a taxpayer who nearly overpaid their capital gains tax by ₹1.87 lakh, simply by failing … Read more
Paying too much tax on your rental income? You might be missing out on significant savings! A 4-step formula from Chartered Accountant Nitin Kaushik can help you drastically reduce your taxable income, smartly and legally. Maximize Your Rental Income Deductions Here’s how to optimize your house property returns, from claiming property tax to home loan … Read more
Double Tax Benefit: Can You Claim Both HRA and Home Loan in Your ITR? The short answer is a resounding YES, especially if you’re opting for the Old Tax Regime! Many individuals find themselves in a unique financial situation: paying rent for one home while simultaneously shouldering EMIs for another. The good news is that … Read more
First-time homebuyers in India are frequently missing out on a significant tax break: a ₹50,000 additional deduction on home loan interest under Section 80EE of the Income Tax Act. This crucial benefit is often overlooked, with even banks and some financial advisors failing to highlight it. This lesser-known provision can considerably reduce a buyer’s tax … Read more
Selling an under-construction property, especially one with an existing home loan, involves specific financial and tax considerations that sellers should be aware of. The legal interpretation of such a transaction is key: it’s typically viewed as a “transfer of rights” rather than a direct sale of the property itself, as possession has not yet been … Read more
Are You Missing Out on Major Tax Savings from Your Home and EV Loans Thousands of Indian taxpayers could be significantly reducing their tax burden by fully utilizing deductions on their home and Electric Vehicle (EV) loan repayments, yet many are not claiming the full benefits. As the tax filing deadline approaches, understanding the various … Read more
Great news for homeowners! The Reserve Bank of India (RBI) has made significant moves in 2025, slashing the repo rate by 100 basis points and reducing the Cash Reserve Ratio (CRR) by 100 basis points (from 4% to 3%). These changes mean big savings and shorter loan tenures for home loan borrowers. Understanding the Impact: … Read more