I have purchased a flat in 2004 and i am claiming for rebate since then in my income tax for hosuing prinicipal and interest component. Recently in 2008 i purchased another flat with a new housing loan. Does the interest component of second flat also be considered for tax exemption including the earlier one?
Does differentiation and various types exists in mutual funds also? then please tell what are different types of mutual funds?
IF POSSIBLE THAN ALSO TELL WHAT ARE
1. Open ended fresh Mutual funds
2. equity fund
All the plans I looked at have the same features more or less as any endowment plans with different options of repayment. Those which have double or triple benefit are essentially endowment + term, which is visible from the difference in premiums = premium of a term plan
Which Plan is best for my child