Taxpayers can claim deductions on home loan interest and principal payments under sections 80C, 80EE, 80EEA and 24(b) of the Income Tax Act, 1961.

To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it ...

Learn which of your home expenses may be tax-deductible, how to claim those deductions, and what you can do year-round to ...

Below, I’ve outlined the various reasons retirees might consider renting if you’ve recently sold a home or are planning on ...

Rental property tax deductions allow you to claim the cost of repairs, maintenance, taxes, insurance, depreciation and any ...

you can prolong interest accumulation. Some of these loans have intro offers that last 12-24 months, giving you plenty of ...

House Republicans advanced a multi-trillion-dollar tax and spending package that could have sweeping impacts on household ...

H.R. 1 makes Trump-era tax cuts permanent, adding trillions to the deficit and pushing yields higher. See why it may threaten ...

House committees labored for months on the bill, which underwent late changes to win over holdouts in the Republican ...

In some cases, you may also be able to parlay your cash-out refinance into a tax break. Here’s what you should know. Do you pay taxes on a cash-out refinance? No, the proceeds f ...

Eliminating the first mortgage interest deduction doesn’t just hurt community ... The average household can no longer afford the average home. Removing a support mechanism from the housing ...