
MARKET-INSIGHTS
Section 80C Tax Benefits on Home Loans: A Complete Guide for Homebuyers
February 01, 2025Section 80C of the Income Tax Act, 1961, offers significant tax benefits to individuals and Hindu Undivided Families (HUFs) in India. It allows deductions on various investments and expenses, including home loan principal repayment, up to ₹1.5 lakh per financial year. For homebuyers, leveraging these deductions can reduce taxable income and ease financial burdens.