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Hi there,
Question related to Tax..
Can I distribute Principal amount of home loan under 80C between two People..
For example.. I Have principal amount of 2Lac.. and want to distribute it in 1.5 Lac & 50k between me and my Dad.. (my dad is co-owner in loan)
Can't find answer online so asking here.. if you find it... Link will be helpful.
Thanks
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Also curious
Vest after 5 years of service. 3% for associates per year, 4% SA. 5% for M I believe. They contribute everything. Fund choices are like the 401k.
It vests gradually over five years: 20% after 2nd year, 40% after 3rd, 60% after 4th and 100% after 5th.
If you leave at year 3, assuming that means you finished two full years, then you get to keep 20%