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26 May 2013

Get Easy Tax Concessions Bonus on Home Loans



Easy tax concessions are a added bonus with your home  loan. Purchasing a home has become the most sought  after  dream today. Our major salary can go in terms of repaying home loans. With property rates increasing day by day it is becoming more and more difficult to purchase a home even on loan. The principle amount is increasing and also the interest rate added puts a tight crunch on our monthly salary. Tax concessions and rebates come as a boon to lighten this burden a little bit.
Is it possible to get tax rebate on the loan amount? Many of us are not aware that this is taxable income money and one can avail rebate on a certain amount. If all returns are filed regularly and all criteria for applying for a home a loan fulfilled then one can avail on tax rebate for a certain amount of the money taken as loan.
The main criteria would be the loan has to be taken in the prior financial year and the project has to have a fixed date for completion. The possession of the flat has to be taken within three years since the flat loan has been taken.
The home loan consists of the principle amount and the interest amount. Tax rebate is possible on both these amounts. One can take a professional guidance from a tax consultant and other people who have gone for a home loan. There are certain rules for the amount applicable for tax rebate under all the sections of laws. A certain percentage of the total amount that can be taxable depends on the individual who can get rebates for PPF, Insurance and so on.
This opportunity offered by the government to apply for tax concessions on the total as well as interest amount helps to reduce the load of the repayment of the loan amount. Still many of us are not aware that they can get tax rebates and concessions on home loans, with principle as well as interest amount. Whatever money saved is money earned!
Home loans can earn you money in terms of savings   with tax rebates and concessions. Negotiate and find out the best deals with your financial consultant or the financial advisor of your home finance company.

29 comments:

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    Replies
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    Regards
    (Phua Ahmed)
    Email: phuaahmed12@yahoo.com.sg

    ReplyDelete
    Replies
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  22. Good day .Sir/Madam,
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    We offer all kind of categories of loan they
    Short term loan 5_10years
    Long term loan 20_40
    Media term loan10_20
    We offer loan like
    Home loan.....................
    Business loan.................
    Debt loan .................
    Student loan..............
    Business start up loan
    Business loan ...........
    Car loan ..............
    International loan
    Company loan........etc
    When it comes to financial crisis and loan then Steve Brown loan financial is the place to go please just send us an email and application form will be send back to you below is our Email address stevebrownloan4@hotmail.com (or) stevebrown012@gmail.com


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  23. HARMONY CHRISTIAN CENTER FINANCE
    EMAIL: harmonychristianfinance@gmail.com
    ========================
    This is a Christian and a charitable loan Organization formed to help
    people in need of help and such as financial help.
    So are you are going through financial difficulty ?
    Or you are in any financial mess?
    =======================
    We give out loans from the range of $1,000 to $90,000,000 USD,at 2.0%
    interest rate Our loans are well insured and maximum security is our
    priority,HARMONY CHRISTIAN CENTER FINANCE is a legitimate and well known
    approved loan lending company.
    ======================
    LOAN APPLICATION FORM
    PREFIX {MR.,MRS.,MiSS.,DR.,etc.}
    1)YOUR NAME
    2)YOUR COUNTRY
    3)YOUR OCCUPATION
    4)YOUR MARITAL STATUS
    5)PHONE NUMBER
    6)MONTHLY INCOME
    7)ADDRESS
    8)PURPOSE OF LOAN
    9)LOAN REQUEST
    10)TELEPHONE
    11)LOAN DURATION

    If you are interested to obtain a loan from this loan firm
    kindly fill the application form and reply us back through our

    Email: harmonychristianfinance@gmail.com
    Thanks and Regards
    DR BRUSE ANDERSON

    ReplyDelete
  24. HARMONY CHRISTIAN CENTER FINANCE
    EMAIL: harmonychristianfinance@gmail.com
    ========================
    This is a Christian and a charitable loan Organization formed to help
    people in need of help and such as financial help.
    So are you are going through financial difficulty ?
    Or you are in any financial mess?
    =======================
    We give out loans from the range of $1,000 to $90,000,000 USD,at 2.0%
    interest rate Our loans are well insured and maximum security is our
    priority,HARMONY CHRISTIAN CENTER FINANCE is a legitimate and well known
    approved loan lending company.
    ======================
    LOAN APPLICATION FORM
    PREFIX {MR.,MRS.,MiSS.,DR.,etc.}
    1)YOUR NAME
    2)YOUR COUNTRY
    3)YOUR OCCUPATION
    4)YOUR MARITAL STATUS
    5)PHONE NUMBER
    6)MONTHLY INCOME
    7)ADDRESS
    8)PURPOSE OF LOAN
    9)LOAN REQUEST
    10)TELEPHONE
    11)LOAN DURATION

    If you are interested to obtain a loan from this loan firm
    kindly fill the application form and reply us back through our

    Email: harmonychristianfinance@gmail.com
    Thanks and Regards
    DR BRUSE ANDERSON

    ReplyDelete
  25. HARMONY CHRISTIAN CENTER FINANCE
    EMAIL: harmonychristianfinance@gmail.com
    ========================
    This is a Christian and a charitable loan Organization formed to help
    people in need of help and such as financial help.
    So are you are going through financial difficulty ?
    Or you are in any financial mess?
    =======================
    We give out loans from the range of $1,000 to $90,000,000 USD,at 2.0%
    interest rate Our loans are well insured and maximum security is our
    priority,HARMONY CHRISTIAN CENTER FINANCE is a legitimate and well known
    approved loan lending company.
    ======================
    LOAN APPLICATION FORM
    PREFIX {MR.,MRS.,MiSS.,DR.,etc.}
    1)YOUR NAME
    2)YOUR COUNTRY
    3)YOUR OCCUPATION
    4)YOUR MARITAL STATUS
    5)PHONE NUMBER
    6)MONTHLY INCOME
    7)ADDRESS
    8)PURPOSE OF LOAN
    9)LOAN REQUEST
    10)TELEPHONE
    11)LOAN DURATION

    If you are interested to obtain a loan from this loan firm
    kindly fill the application form and reply us back through our

    Email: harmonychristianfinance@gmail.com
    Thanks and Regards
    DR BRUSE ANDERSON

    ReplyDelete
  26. HARMONY CHRISTIAN CENTER FINANCE
    EMAIL: harmonychristianfinance@gmail.com
    ========================
    This is a Christian and a charitable loan Organization formed to help
    people in need of help and such as financial help.
    So are you are going through financial difficulty ?
    Or you are in any financial mess?
    =======================
    We give out loans from the range of $1,000 to $90,000,000 USD,at 2.0%
    interest rate Our loans are well insured and maximum security is our
    priority,HARMONY CHRISTIAN CENTER FINANCE is a legitimate and well known
    approved loan lending company.
    ======================
    LOAN APPLICATION FORM
    PREFIX {MR.,MRS.,MiSS.,DR.,etc.}
    1)YOUR NAME
    2)YOUR COUNTRY
    3)YOUR OCCUPATION
    4)YOUR MARITAL STATUS
    5)PHONE NUMBER
    6)MONTHLY INCOME
    7)ADDRESS
    8)PURPOSE OF LOAN
    9)LOAN REQUEST
    10)TELEPHONE
    11)LOAN DURATION

    If you are interested to obtain a loan from this loan firm
    kindly fill the application form and reply us back through our

    Email: harmonychristianfinance@gmail.com
    Thanks and Regards
    DR BRUSE ANDERSON

    ReplyDelete
  27. HARMONY CHRISTIAN CENTER FINANCE
    EMAIL: harmonychristianfinance@gmail.com
    ========================
    This is a Christian and a charitable loan Organization formed to help
    people in need of help and such as financial help.
    So are you are going through financial difficulty ?
    Or you are in any financial mess?
    =======================
    We give out loans from the range of $1,000 to $90,000,000 USD,at 2.0%
    interest rate Our loans are well insured and maximum security is our
    priority,HARMONY CHRISTIAN CENTER FINANCE is a legitimate and well known
    approved loan lending company.
    ======================
    LOAN APPLICATION FORM
    PREFIX {MR.,MRS.,MiSS.,DR.,etc.}
    1)YOUR NAME
    2)YOUR COUNTRY
    3)YOUR OCCUPATION
    4)YOUR MARITAL STATUS
    5)PHONE NUMBER
    6)MONTHLY INCOME
    7)ADDRESS
    8)PURPOSE OF LOAN
    9)LOAN REQUEST
    10)TELEPHONE
    11)LOAN DURATION

    If you are interested to obtain a loan from this loan firm
    kindly fill the application form and reply us back through our

    Email: harmonychristianfinance@gmail.com
    Thanks and Regards
    DR BRUSE ANDERSON

    ReplyDelete

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