WebTotal tax rebate: The amount of Income Tax an individual can save by availing of iSMART Education Loan from ICICI Bank. The amount of rebate will vary for different tax slabs … WebTax benefit: A house renovation loan fetches you a tax benefit on the interest component, that is, you can avail a deduction of up to Rs. 30,000 per annum (under section 24) for the interest that you pay on these loans. This deduction of Rs. 30,000 is within the overall limit of Rs. 2 Lakh available on loan interest payment of self-occupied homes.
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Income tax Calculator - Calculate income tax for FY 2024-2024
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