Can parents claim tax benefits on their child's education loan?
But this facility is only available for loans taken to finance higher education
Source: businesstoday.in
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How to elevate education loan savings through Section 80E? MintGenie explains
Section 80E of the Income Tax Act offers a tax benefit for interest on higher education loans, applicable for eight years. The deduction is exclusive to individuals and requires documentation from recognized financial institutions.
Source: livemint.com
Navigating international education financing: The role of Section 80E in elevating student loan savings
Section 80E of the Indian Income Tax Act allows individuals to claim a deduction on the interest paid on their education loans, reducing their tax liability and providing financial relief.
Source: livemint.com