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To fulfill Trump's campaign promise, House GOP lawmakers want to offer a tax deduction for car loan interest. How would it ...
Finance Ministry urges RBI to delay new gold loan norms till Jan 2026 and protect small borrowers taking loans up to ₹2 lakh.
In a major regulatory overhaul, the Reserve Bank of India has issued draft guidelines to streamline gold loans across banks ...
Republicans' “big, beautiful bill” eliminates taxes on tips and overtime, gives a new deduction to seniors, and makes interest on certain auto loans deductible.
Reserve Bank of India plans to standardize gold loan rules. New guidelines focus on banks and NBFCs. Loan-to-value ratio is ...
All new car and truck buyers who take out a car loan won't qualify for the tax deduction. Much will depend on your income, and the vehicle you buy.
Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for ...
Home loans provide for significant tax deductions under Section 80c on principal and Section 24(b) on interest. Gold, while reasonably profitable, lacks such deductions. Still, capital gains on ...
President Trump has announced his administration’s efforts to create a new tax deduction for auto loan interest payments made on US-made vehicles to boost domestic manufacturing and counter ...
President Donald Trump announced Friday a new policy instituting auto loan interest deductions for American-made cars. “If you buy a car in the United States that’s made in the United States ...
President Donald Trump and House Speaker Mike Johnson are working on creating a new tax deduction for interest paid on auto loans for cars built in the United States. It’s unclear at this time ...
Plus, selling gold comes with deductions: a 20-25% loss due to making charges ... Gold loans, however, are tax-free, making them a more efficient way to raise funds. But gold loans impose interest, ...