A little appreciation always goes a long way. Every little star that my first grader son gets in his notebooks motivates him to work harder. Then why should it be any different when we grow up and become capable of handling our finances and taxes?
If you are a first-time home buyer during the financial year 2016-2017 you are entitled to an additional tax benefit of up to Rs 50,000 under section 80EE for the interest paid on their housing loan.