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Income Tax Exemption Educational Loan u/s Section 80E

Higher education is very costly these days and onus lies on an individual to plan the same for his children to be able to fund it at appropriate time. However all those who can not afford the same can go for an educational loan which will fund your children education as well as will provide you with income tax rebate.

Deduction on interest paid on education loan for higher education can be claimed under Section 80E.

  • It can be claimed for yourself or for your spouse or children. Spouse can be Husband or Wife depending on the person who is availing the loan.
  • There is no upper limit for claiming deduction.

Make use of this facility and get your child education financed at a lower interest rate as well as get income tax rebate too. You can check HDFC education Loan here.

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We Teach and Train our Clients as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training. We do not provide any stock tips. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
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