When it comes to buying a home, securing a home loan is often a significant step. While this process can make homeownership more accessible, it also brings the challenge of managing loan repayments and interest costs. Fortunately, Section 80EEA of the Income Tax Act provides a potential relief for first-time homebuyers, helping to lower their tax burden and effectively reduce the overall cost of a home loan. But how exactly does Section 80EEA work, and how can it benefit you? Let's delve into the details.
https://propacity.com/blogs/section-80eea/