PROPERTY

Investment in Property: This avenue is also very popular avenue for putting savings. The return are mainly in form of capital gains and hence pressure on current income for tax planning is reduced. Besides advantage attached to capital gains can be availed at the time of selling the asset. House Property: very attractive form of investment particularly with three distinct benefits attached. Rent Income: A flat 30% deduction is available for repairs irrespective of expenditure done of repairs. Generally the rent income works out to 3 to 5% of new property cost. But the main future income can be in form capital gains when you sell the property