Housing Loans
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As financial year end approaches, here's how to smartly save your tax by planning ahead
Dasvir Ankhi •With the dust finally settled on the ‘populist’ budget announcement, investors can now devise strategies and discover avenues to prudently plan to save tax for the remainder of the current financial year and the next financial year as wel
RBI cuts provisions, risk weights to make home loans cheaper; boost for real estate
•The amount of money to be set aside for every loan made, has been lowered to 0.25 percent from the earlier 0.40 percent, which will help reduce the interest rates on home loans
InCred, backed by Anshu Jain, disburses Rs 100 cr loans to SME, housing segments
Fp Staff •InCred has disbursed loans across a broad range of ticket sizes from Rs. 50,000 to Rs.10 crores.
Govt launches 'Housing for All' scheme, interest relief for urban poor
Fp Archives •The Union cabinet chaired by Prime Minister Narendra Modi accepted the recommendations of an Inter-Ministerial Committee to increase interest subvention to 6.50 percent on housing loans to beneficiaries belonging to economic weaker section (EWS) including slum-dwellers and low income groups (LIGs).
Budget 2015: Hike exemption limit in PF, PPF, says an entrepreneur
Fp Staff •In the last Budget, the government had increased the slab by Rs 50,000 from the existing Rs 1 lakh bringing cheers to many but still it isn't sufficient.
Budget 2013: Raise interest payment cap on housing loans, says PwC
Fp Archives •PwC is of the opinion caption that the realty sector has been under pressure for long and the government should incentivise investments into the sector.
RBI issues directive to banks: Link home loans to construction status
Fb_admin •The Reserve Bank today asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of "innovative" housing financing schemes.
Online medium preferred for research on financial products: Report
Anuradha •Today, Google India put together a report on the financial service industry by combining the Google search trends in India...