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You may claim deductions in your income tax against principal and interest payments that you make towards repayment of your home loans. Plug in the amount and determine how many months your savings will last. Also Calculate Your Tax Deduction on India Salary Income More Details on Investnow.
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You dont need to be a genius to prepare tax returns. You should only call if it has been: days or more since you e-filed. You will usually receive your refund within weeks of the date when the IRS receives your return, even faster if you elect to have it directly deposited into your checking or savings account.
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