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Tax benefits on home loan that you need to know about

Synopsis Here is a look at the all the tax benefits that an individual can get on home loan EMI payments if he/she has opted for the old tax regime. Getty Images If you have an on-going home loan or have taken a home loan recently, then there are certain tax benefits you can avail on the equated monthly instalments (EMIs) paid. There are additional tax benefits that were announced in previous budgets that are still applicable for FY 2020-21. Do keep in mind that for the current financial year, an individual can continue to opt for the old tax regime and claim tax exemptions such as HRA and various deductions under sections 80C, 80D etc. The individual also has the option to opt for the new tax regime which offers lower tax rate without any tax exemptions and deductions.

Fisdom Forays into Tax Solutions with Acquisition of Tax2win

By Team Startupcity  |  Tuesday, 23 February 2021, 09:55 Hrs Wealthtech firm Fisdom has acquired Jaipur based online income tax return filing platform, Tax2win.in for an undisclosed amount. This move marks Fisdom’s entry into tax solutions segment, as part of company’s plan to offer complete suite of financial services for its customers and partners. Post the acquisition, Tax2win will continue to operate independently. However, both the companies will work together to provide a holistic experience to their respective customers and partners incorporating each other’s product portfolio. Founded in 2015 by Abhishek Soni, Vertika Kedia and Shishant Todi Tax2win offers tax filing and post filing services for individuals as well as small businesses. It enables the users to file taxes within five minutes for free, using its fastest Do-It-Yourself platform. Users can also file with the assistance from their eCA. Fisdom’s customers will be able to avail this serv

Fisdom forays into tax solutions with acquisition of Tax2win

Fisdom forays into tax solutions with acquisition of Tax2win
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