• Sat, May 31, 2025

by: RepublicWorld

Explained: How You Can Save Up To Rs 5 Lakh In Taxes Every Year When Buying A New Home

By using certain tax benefits available under Indian law, you could save up to Rs 5 lakh every year on your taxable income. This article explains how you can make the most of these savings when buying your dream house.
  • Mon, June 2, 2025

by: Fortune

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See Monday's report on average mortgage rates on different types of home loans so you can pick the best mortgage for your needs as you house shop.

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by: PBS

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Things to do with kids to get out of the house during the Christmas school break.
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by: BBC

Inside Hilltop House - Scotland's home of the year 2025

by: PBS

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by: news4sanantonio

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Select the best mortgage lender for you with these tips.

by: 7NEWS

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by: Newsweek

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by: deseret

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by: Newsweek

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by: PBS

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Janet Bodack give us a tour of the kitchen of the famous old Ramsey house, showcasing...

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by: PBS

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by: PBS

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  • Wed, June 4, 2025

by: CNET

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by: Fortune

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by: WAVE3

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  • Thu, June 5, 2025

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Charlotte man accused of setting Dilworth home on fire, causing explosion, extradited from Chicago

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  • Fri, June 6, 2025

by: Snopes

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by: Newsweek

Why mortgage rates drop won't help housing market

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by: news4sanantonio

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by: PBS

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We follow along as the articles of impeachment are passed from the House to the Senate.

by: Newsweek

Housing market data reveals troubling trend that could signal shift ahead

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  • Sat, June 7, 2025

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by: PBS

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  • Sun, June 8, 2025

by: BBC

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by: Patch

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Home sells for record-breaking $34 million; local students win scholarships; new Play Arena opening at Legoland; and more nice SoCal news.

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  • Mon, June 9, 2025

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Several people were hurt, and a home was destroyed after an explosion in Northern Ohio.

by: BBC

Home secretary yet to agree deal days before spending review

Housing secretary Angela Rayner reached a settlement with the Treasury on Sunday evening, the BBC understands.

by: news4sanantonio

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And that's on top of your mortgage payments.

by: Dengarden

80 House Name Ideas to Give Your Home a New Identity

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by: WGAL

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by: KITV

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  • Wed, June 11, 2025

by: ThePrint

Asian Paints' New Corporate Campaign Reimagines Home Design with Innovation and Elegance

NewsVoir Mumbai (Maharashtra) [India], June 11: Asian Paints, India's leading name in home aesthetics, has launched its latest corporate campaign 'Socha Bhi Nahi Hoga' - Beyond Your Imagination, highlighting the creativity and possibilities that come with designing a beautiful home. The campaign redefines how we look at colour, decor, and the very idea of [ ]
  • Thu, June 12, 2025

by: KIRO

Firefighter evaluated for smoke inhalation after rescuing person from house fire

Thankfully, the fire was just contained to the home and no other buildings were burned.
  • Fri, June 13, 2025

by: KIRO

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by: WGME

Home equity news: Hidden costs of homeownership and housing market predictions in 2025

A roundup of the week's top stories in home equity, mortgages and real estate.

by: KITV

Waianae house fire leaves several displaced

Firefighters responded to a house fire in Waianae on Thursday morning that led to several residents getting displaced.

Explained: How You Can Save Up To Rs 5 Lakh In Taxes Every Year When Buying A New Home

By using certain tax benefits available under Indian law, you could save up to Rs 5 lakh every year on your taxable income. This article explains how you can make the most of these savings when buying your dream house.
The article from Republic World explains how individuals can save up to Rs 5 lakh in taxes annually by investing in a new home, leveraging various sections of the Income Tax Act. Under Section 24, homeowners can claim a deduction of up to Rs 2 lakh on the interest paid on home loans, while Section 80C allows a deduction of up to Rs 1.5 lakh on the principal repayment. Additionally, first-time homebuyers can benefit from Section 80EEA, which provides an extra deduction of up to Rs 1.5 lakh on home loan interest, provided the property's stamp duty value does not exceed Rs 45 lakh and the loan was sanctioned between April 1, 2019, and March 31, 2022. By strategically using these tax benefits, buyers can significantly reduce their tax liabilities when purchasing a new home.

Read the Full RepublicWorld Article at:
https://www.republicworld.com/business/explained-how-you-can-save-up-to-rs-5-lakh-in-taxes-every-year-when-buying-a-new-home

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