For students, it is a very common thing to get engrossed with the whole 'loan and tax' saga of education.
"Higher education" means full-time studies for any graduate or post-graduate course in engineering, medicine, management or for post-graduate course in applied sciences or pure sciences including mathematics and statistics.
Education loan can be availed for spouse, children and yourself. It can be availed to study in India and abroad as well.
Read on to find out more on education loan and tax here...
The first question that crosses people's minds when they go for a loan is: What are the tax benefits I get on it? Yes, so what are the general tax exemptions on education loan under 80E income tax?
Check it out. http://www.goodreturns.in/personal-finance/taxes/2013/01/tax-exemptions-on-education-loan-under-80e-income-tax-158871.html
Have you been wondering about those influencing factors to consider before availing an education loan?
Do you have any idea on the interest rate comparison on education loan?
Click here to find out. http://www.goodreturns.in/personal-finance/planning/2013/04/education-loan-interest-rate-comparision-169152.html
What is the loan limit for education under priority sector lending?
Click here to learn more. http://www.goodreturns.in/classroom/2014/02/what-is-the-loan-limit-education-under-priority-sector-lending-245949.html
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