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Saravan Stocks
       
Tax Saving
This tool calculates the tax savings from loan taken for buying newly constructed house.
In case you're buying a newly constructed house taking a home loan: you'll get tax exemptions on interest payment upto Rs. 1.5 Lacs p.a. and tax rebate on principal repayment upto Rs.1 Lacs p.a.
Your tax saving depends on loan amount, loan tenure, rate of interest, reducing balance frequecy and your marginal tax bracket.
Input
Loan amount(Rs)
I started repaying loan in  
Loan tenure years
Rate of interest % p.a.
Rest
Marginal Tax Rate %
 
   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
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