How home loan borrower can benefit from tax deductions

The Income Tax Act provides a separate head for tax of ‘Income from House Property’ under Section 22 to Section 27. Interest paid or payable on money borrowed for the purchase, construction, repair, or reconstruction of a house is allowed as a deduction. In case of a self-occupied property treated as such,...

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Buy a Tata Nano, with a swipe of a credit Card

With the introduction of this offer, consumers get the benefit of converting the entire amount on the credit card into interest free installment. MUMBAI: In a first of its kind deal in the Indian automobile industry, Tata Motors BSE -1.84 % on Wednesday in a bid to jumpstart flagging sales of TataNano has...

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50% of smartphone users in India are under 25 yrs: Nielsen

Indians are increasingly taking to smartphones and the number of such devices in the country touched 40 million last year with almost half of the users younger than 25, says a survey.The dramatic growth in the usage of smartphones is driven by a desire among users to stay connected and have instant access...

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