A delay in possession of homes can silently erode your home loan tax benefits and increase your effective interest cost. Many buyers assume tax deductions will reduce their burden—but construction delays change everything. Learn how loan interest deduction rules work, what happens after five years, and how to protect your savings before investing in an under-construction property.
Why Do Only 5% of Indians Pay Income Tax?
Why do only 5% of Indians pay income tax? Discover the surprising reasons behind India’s low taxpayer base—from low incomes and agricultural exemptions to the massive informal economy. This blog breaks it down in simple terms and explains what the government is doing to improve tax compliance.