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Pre maturity of Home loan Vs Investments

Hi Manish

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?

Thanks

Kaps

 

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