IN MY WAY TAX SHOULD BE EXEMPTED ON ALL KIND OF LOANS. NOT ONLY ON HOME LOANS. IT SHOULD BE EXEMPTED ON ALL LIKE PERSONAL LOANS, CAR LOANS, HOME LOANS ect. BECAUSE INCOME IS GOING TO BANKERS AND GOVERNMENT ON ALL THE WAYS. KAMAL
RE:TAX EXEMPTION
by kunal aggrawal on Feb 20, 2007 10:44 AM Permalink
i think u have taken lots of loan and that's why u r writing this. well i think they is exemption on the interest u pay for the loan u hav taken from bank and wht govt can do is increase exemption limit to a more higher level. but complete exemption is a remote possibility.
