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Written by Snehil
Financial guides and detailed articles written by Snehil.
80EEA vs. Section 24(b) Additional Home Loan Interest Deduction: ₹1.5 Lakh Rules and Eligibility Explained
Key Points Section 80EEA of the Income Tax Act provides an additional tax deduction of up to ₹1,50,000 (₹1.5 Lakhs) per financial year for home loan interest paid by fir…
Home Loan for Pensioners and Senior Citizens in India: Eligibility, Maximum Age Limits, Pension FOIR and Co-Applicant Rules Explained
Key Points Senior citizens and pensioners aged 60 to 70 years can secure residential home loans in India, with leading public and private banks allowing loan maturity (e…
How to Build a ₹50 Lakh Child Higher Education Fund in 12 Years via SIP: Target Amount, 10% Step-Up and Fund Allocation Explained
Key Points To build a dedicated ₹50,00,000 (₹50 Lakhs) child higher education corpus in exactly 12 years (144 months) at an assumed 12% CAGR, parents require a monthly e…