Principal Amount of Home Loan: Meaning and Calculation with Examples in 2025
The Principal Amount of a Home Loan is the original sum borrowed from a lender, excluding interest. It's the amount on which interest is calculated. For example, if you borrow ₹50 lakhs, that’s your principal. As you repay the loan, the principal decreases, while interest is charged...
Written by CA Akshay Attal
Published on October 16, 2024
Check out How DTAA- Income Tax Amendment Can Help People Earning Globally
Wondering what is DTAA in income tax? A tax treaty known as the DTAA income tax is established between India and another nation (or any two or more nations), in order to prevent taxpayers from being subjected to both source and destination country taxes on their income....
Written by CA Akshay Attal
Published on January 2, 2023
Office Cleaning Service in Mumbai
It is now more important than ever to have your workplace completely cleansed to protect your employees and limit the spread of COVID-19 while the globe adjusts to its existence. Now that regulations have been loosened, many people in Mumbai have returned to their places of employment....