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Showing posts with the label Home Loan Deduction

Old vs New Tax Regime 2026 – Salary ₹12 Lakh Case Study (Full Calculation with Illustration – India)

Old vs New Tax Regime 2026 – Salary ₹12 Lakh Case Study (Full Calculation with Illustration) Old vs New Tax Regime 2026 mein confusion ab bhi bahut hai, khas kar salary ₹12 lakh wale taxpayers mein। HRA, Home Loan Interest, 80C aur 80D jaise deductions ke saath kaunsa regime better hai? Is detailed case study mein hum ₹12 lakh salary ke saath pura calculation kar ke bata rahe hain। ๐Ÿ“„ ₹399 – ITR Filing (Salaried) Old vs New Tax Regime 2026 – Quick Overview New Regime default hai aur isme slabs lower hain lekin zyadatar deductions nahi milte। Old Regime mein deductions (80C, 80D, HRA, Home Loan Interest etc.) milte hain lekin slabs thode higher hain। ₹12 Lakh Salary Case Study – Full Calculation Assumptions: Basic Salary ₹8,00,000, HRA ₹2,00,000, Medical Insurance ₹25,000, Home Loan Interest ₹2,00,000, 80C Investment ₹1,50,000 Old Regime Calculation Gross Salary: ₹12,00,000 HRA Exemption: ₹1,56,000 (approx) Standard Deduction: ₹75,000 80C Deduction: ₹1,50,000 Ho...

Home Loan Par Income Tax Deduction 2026 – Kitna Benefit Milta Hai? (With Full Illustration)

Home Loan Par Income Tax Deduction 2026 – Kitna Benefit Milta Hai? (With Full Illustration) Agar aapne home loan liya hai ya lene ki planning kar rahe hain, toh sabse important sawal hota hai — Home Loan Interest par kitna tax deduction milta hai? Kitna benefit hoga Old Regime mein aur New Regime mein? Is complete 2026 guide mein hum Section 24 ke under home loan interest deduction ke rules, limits, calculation aur real life illustration ke saath bata rahe hain। ๐Ÿ“„ ₹399 – ITR Filing (Salaried) Home Loan Interest Deduction (Section 24) – Rules 2026 Section 24(b) ke under self-occupied property par home loan interest par maximum ₹2 lakh tak deduction mil sakta hai (Old Regime mein)। Key Points: Self-occupied property par ₹2 lakh tak deduction Let-out property par poora interest deduction mil sakta hai (loss set-off ke rules ke saath) Deduction sirf Old Tax Regime mein full benefit deta hai New Regime mein yeh deduction nahi milta Full Illustration – ₹12 Lakh Sal...