Home > Money > Question

Sign In | Create an account

Language:

Now in हिन्दी too

Need Expert Advice?Our Gurus Can Help

Anil Rego |388 Answers |Ask -Follow

Financial Planner - Answered on Feb 05, 2023

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more

Question by Sanket on Feb 01, 2023Hindi

Listen

Money

Housing loan interest related tax befits would continue in new tax benefits ??

Ans: Tax exemption is unavailable in the new tax regime on interest paid on home loans.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

MoneyReply

You may like to see similar questions and answers below

Nikunj Saraf |308 Answers |Ask -Follow

Mutual Funds Expert - Answered on Feb 04, 2023

Question by Chandrrakant - Feb 01, 2023Hindi

Listen

Whether housing loan interest exemption up to 2 lacs available in new regime ?

Ans: Hello Chandrrakant
As a financial advisor, I would advise you to consult a chartered accountant for specific tax planning advice. They have expertise and in-depth knowledge of tax laws and regulations and can provide you with personalized strategies to minimize your tax liability. I can assist you in creating a comprehensive financial plan, but for tax planning, it is best to consult a tax professional.

Mihir Tanna |1057 Answers |Ask -Follow

Tax Expert - Answered on Feb 28, 2023

Question by Amal - Feb 02, 2023Hindi

Listen

Money

Will I get any home loan benefit from the new tax regime? A.Kalita, Guwahati

Ans: Tax Benefit of home loan is not available under new tax regime if loan is taken for self occupied house. Further, loss from let out property will not be allowed to set off/carried forward against any other income

Mihir Tanna |1057 Answers |Ask -Follow

Tax Expert - Answered on Feb 04, 2023

Question by Rakesh - Feb 02, 2023Hindi

Listen

In the new tax regime should I avail the tax exemputions under the 80C, Home loan interest, satndard deduction etc.

Ans: Under new tax regime, allowances/exemptions like House rent allowance, Leave Travel allowance, Helper allowance, Children education allowance, helper allowance, 80C, housing loan interest (on self occupied property) etc will not be allowed. However, as per changes proposed in Budget 2023, standard deduction will be available.

Vivek Lala |317 Answers |Ask -Follow

Tax, MF Expert - Answered on Mar 10, 2023

Question by Krishna - Feb 02, 2023Hindi

Listen

Money

New new tax regime, whether loss arising from interest paid on home loan in case of rented property can be adjusted against salary income; professional tax & children education allowance (100 per children per month), deductions u/s 80-C & 80-D & standard deduction of Rs.50,000/- is allowable. Plz clarify

Ambareesh Baliga | Answer |Ask -Follow

Stock Market Expert - Answered on Feb 02, 2023

Question by Rakesh - Feb 02, 2023Hindi

Listen

Money

How no effect of housing loan interest in new income tax system for salarised people will affect housing sector/Cement-ceramic demand ?

Ans: This is a bit negative for the real estate space. I was in fact expected the FM to increase the limit. Disappointed with the outcome

Latest Questions

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Sir Igot 350 marks in neet 2025 Iam belongs to st category Can I get medical college Either private or government colleges

Ans: Hi,
Chances are there in private medical colleges.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

im getting 543 marks in NEET UG 2025, is it possible for me to get into a mumbai government college? in 2nd or 3rd round atleast...? im from general category (hospitals/colleges in mind are - kem, sion, jj, nair, cooper)

Ans: Hi
Chances are with less competitive gmc.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by MRNitheesh - Jun 06, 2025

Career

Sir what is the last neet rank that got seat in govn medical clg in tamilnadu under bc in state quote for 2024?

Ans: HI MRN,
It depends upon the college.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by ayushi - Jun 05, 2025

Career

I M scoring 390 mks in neet 2025 will I be able to get gmc in Punjab ( general)?

Ans: HI Ayushi,
A little challenging one.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by NS - Jun 04, 2025

Career

I got 492 in NEET 2025 after checking key released by the NTA. Is there any changes to get the seat GMC under OBC & CAP quotation in telangana

Ans: HI,
Little Challenging one.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Sir,I am an OBC-NCL candidate expecting NEET 2025 score of 503.Is the any chance for govt MBBS seat in Kerala or All India?

Ans: HI,
Not guaranteed. Possibilities are depends on the rank or cutoff

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Hello sir, I've secured 475 according to the key in 2025 neet exam and I belong to OBC category. Do I have a chance of getting into govt seats or a decent self financing seat

Ans: HI
Chances are unlikely. but may be possible in private colleges.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

Hey im scoring 350 in neet can i fet government bds collage in punjab

Ans: HI,
Possibilities are there for SC, ST and OBC categories.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Question by rekha - Jun 06, 2025

Career

My daughter 353 marks - sc get govt medical college sheet sir

Ans: HI rekha,
Unlikely to get into GMC.

Dr Nagarajan J S K |731 Answers |Ask -Follow

NEET, Medical, Pharmacy Careers - Answered on Jun 06, 2025

Asked by Anonymous - Jun 06, 2025

Career

I am GURU RAJAN My grand daughter getting 504 marks in NEET2025 and belong to general category and domicile of TAMIL NADU Are there chances of getting MBBS in Govt colleges Or Private college in State quota

Ans: : Hi Sir,
there are possibilities for admission in private colleges, but it is not guaranteed. However, admission is not possible in GMC.
BEST WISHES.
POOCHO. LIFE CHANGE KARO!

See more questions »

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Video Reply
Audio Reply

WhatsApp
Facebook
Twitter
Copy link

Delete

Close

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus

Sign up

email

uname

mobile no

Country Code

Mobile number

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

LOGIN

x