POSTED BY April 22, 2014 7:42 pm ONE COMMENTON
I have 3 queries-:
1) I come under 30% tax bracket (Home loan benefit approx rs 150000) & have a Home loan of Amt Rs 1990000, outstanding Rs 1660000, at 10.25 %. Should I prefer making prepayments to my Home loan or should I rather make new Investments?
2) Please advice as to which is better — Liquid funds Vs Auto Sweep Accounts , considering the tax implications in both.
3) Procedure to pay advance tax on interest income of Bank accounts?