List Of Indian Ministers 2022: Modi New Cabinet

Table of Content

• Union Home Minister
• स्वास्थ्य एवं परिवार कल्याण विभाग Department of Health & Family Welfare
• गृह मंत्रालय Ministry of Home Affairs
• Popular Exams
• List of Home Ministers of India (1947 to

"Singh will host the defence ministers of African nations during the India-Africa Defence Dialogue on October 18," the defence ministry on Sunday. The division deals with matters relating to policy formulation in respect of internal security issues, international co-operation on counter-terrorism, international covenants, bilateral assistance treaties and related items of work. In a big cabinet reshuffle by PM Modi today, Harsh Vardhan has been moved out of the health ministry and Mansukh Mandaviya has been given charge of the portfolio now. In other important changes made by PM Modi, Ashwani Vashnaw Rajya Sabha MP from Odisha, has been given the charge of Railways and IT ministry.

Here we have given the complete list of newly appointed cabinet ministers, Minister of State and Minister of state. Also, we have mentioned their portfolio and constituency in which they won the election. Currently, there are 24 Cabinet Ministers, 9 Ministers of State and 24 Ministers of State in the list.

Union Home Minister

A. Shri Pashu Pati Kumar Paras is India's minister of food processing and industries. IBPSGuide is one of India’s leading bank exam preparation platforms. Our mission is to provide the best online learning platform for all government job aspirants.

Pakistan was taken off the grey list of the Paris-based Financial Action Task Force , the global watchdog on terror financing and money laundering, four years after it was put in the infamous categorisation. It also alleged that India was following a “policy of pettiness towards its neighbours”. The MEA statement is "a reflection of India’s growing frustration over its failure in maligning and isolating Pakistan," FO alleged.

स्वास्थ्य एवं परिवार कल्याण विभाग Department of Health & Family Welfare

BJP leader Jyotiraditya Scindia leaves his residence in Delhi for Rashtrapati Bhavan ahead of the mega cabinet reset. BJP national president Jagat Prakash Nadda has left his residence for Rashtrapati Bhavan. Union Minister for Law and Information Technology, Ravi Shankar Prasad has resigned from the Council of Ministers.

Prime Minister Narendra Modi Saturday arrived in New Delhi, India after the successful completion of the 22nd Shanghai Cooperation Organisation summit in Samarkand where he held a series of bilateral and multilateral engagements. Prime Minister Narendra Modi today inaugurated 3,024 newly constructed flats for the Economically Weaker Sections in Delhi as part of a slum rehabilitation project. Get the updated list of Indian Prime Ministers in the linked article.

गृह मंत्रालय Ministry of Home Affairs

On Monday, the Indian Army said troops from the two sides clashed along the Line of Actual Control in the Tawang sector and the face-off led to "minor injuries" to a few personnel from both sides". The face-off took place amid the over 30-month border standoff between the two sides in eastern Ladakh. Division functions as the cadre controlling authority in respect of Indian Police Service and also deals with the award of Presidents' police Medals for Meritorious/ Distinguished service and Gallantry, etc. The division deals with all matters relating to visa, immigration, citizenship, overseas citizenship of India, acceptance of foreign contribution and hospitality. Dealing with the notification of assumption of office by the President and Vice-president, notification of appointment of the Prime Minister and other Ministers, etc. The Ministry of Home Affairs extends manpower and financial support, guidance and expertise to the State Governments for the maintenance of security, peace and harmony without trampling upon the constitutional rights of the States.

As per the Constitution of India, the total strength of the Council of Ministers cannot exceed 15% of the total number of Lok Sabha MPs. The current strength of the 17th Lok Sabha is 543 members and hence the Council of Ministers cannot be more than 81. We are strictly an information platform focused on providing updated and accurate India specific information to our users. From 26 May 2014 to 30 May 2019, the Home Minister of India was Rajnath Singh of the Bharatiya Janata Party, taking over the reins from Sushilkumar Shinde.

Speaking in the North Eastern Council’s meeting in Shillong on Sunday, Shah said, “Earlier Northeast India was known for shutdowns, strikes, bomb blasts & firing. In eight years, incidents of insurgency have seen a decline of 74%. Northeast that exists today is different from what it was eight years ago." A major reason why Pakistan has been facing increasing terrorist attacks inside the country is its continued pursuit of duplicity in the fight against terrorism. Earlier, Suzuki participated in an event today that commemorated 70 years of the diplomatic relationship between India and Japan.

At the time of swearing-in, the Council of Ministers comprises the PM and 63 ministers. In the 2022 Council of Ministers, there are 31 Cabinet Ministers, 2 Ministers of State and 47 Ministers of State. The preparation for any competitive exam, be it UPSC, SSC, Bank, RRB or other Government exams is incomplete without having a decent knowledge of Cabinet Ministers to ace the general awareness section. A minimum of 1-2 questions will be asked about Cabinet Ministers of India or the Union Ministers in general, in most of the competitive examinations. It comprises senior ministers, who are further classified as Cabinet Ministers, Ministers of State, Union Minister of State . Narendra Modi is the longest-serving head of elected governments among all the Indian Prime Ministers.

In the 2021 Council of Ministers, there are 30 Cabinet Ministers, 2 Ministers of State and 45 Ministers of State. There are 30 Ministers, including the PM with cabinet rank and 47 ministers that handles MoS in the new Modi cabinet. Find below the names of new, resigned and promoted ministers in the list of Indian Ministers 2021.

The Military Department was abolished in March 1906 and was replaced by two separate departments; the Army Department and the Military Supply Department. In April 1909 the Military Supply Department was abolished and its functions were taken over by the Army Department. The Army Department was redesignated as the Defence Department in January 1938. The Department of Defence became the Ministry of Defence under a cabinet minister in August 1947. Thus from the MP, the president will select the union council of ministers on advise of prime minister.

Dharmendra Pradhan was elected from Deogarh constituency in Odisha. Rajnath Singh, the defence minister, stated that Shah has been working diligently to improve India's internal security and that he completes every task given to him. ​​In an address at industry chamber FICCI, Singh also took an indirect dig at Congress leader Rahul Gandhi for "doubting" the government's handling of the border row with China.

The functions of MoD which in 1947 was mainly logistic support to the armed forces, has undergone far reaching changes. In November 1962, following the 1962 war, a Department of Defence Production was set-up to deal with research, development and production of defence equipment. In November 1965, the Department of Defence Supplies was created for planning and execution of schemes for import substitution of requirements for defence purposes. These two Departments were later merged to form the Department of Defence Production and Supplies. Union home minister Amit Shah on Monday said that Sardar Vallabhbhai Patel realised the dream of a strong and united India with his farsightedness, despite attempts by some forces to keep the country divided.

Home Minister of India Rajnath Singh: Latest News & Videos, Photos about Home Minister of India Rajnath Singh Page 1

Table of Content

• Eligibility Criteria for Union Council of Ministers:
• Who is present home minister of India?
• No one can stop us from rewriting our history: Union Home Minister Amit Shah
• Assam Ministers List 2022 – Himanta Biswa Sarma Cabinet Ministers

The Defence Secretary of India functions as head of the Department of Defence, and is additionally responsible for coordinating the activities of the departments in the ministry. The Defence Minister, Rajnath Singh addressing an Atmanirbhar Bharat Defence Industry Outreach Webinar, jointly organised by the Society of Indian Defence Manufacturers , the Federation of Indian Chambers of Commerce and Industry and Department of Defence Production , Ministry of Defence , in New Delhi on 27 August 2020. Also seen are General Bipin Rawat, General Manoj Mukund Naravane, Admiral Karambir Singh, Air Chief Marshal R.K.S. Bhadauria, the Defence Secretary, Ajay Kumar, the Secretary and the Secretary, Raj Kumar, Department of Defence R&D and chairman, DRDO, G. Satheesh Reddy. All the positions held by other cabinet members have remained the same.

Prime Minister Modi's government created a new 'Ministry of Cooperation' to provide more heft to the cooperative movement in the country. Speaking in favour of the multi-alignment approach, the Defence minister argued that a strong and prosperous India would not be built at the cost of others, rather, India is there to help other nations realise their full potential. China on Tuesday said the situation was "generally stable" along its border with India, days after the troops of the two countries clashed in the Tawang sector of Arunachal Pradesh, resulting in minor injuries to some soldiers on both sides. In similar statements in both Houses of Parliament, Singh said that that the faceoff took place in the Yangste area on December 9, which led to a physical scuffle and injuries to personnel on both sides. The issue has been raised with China through diplomatic channels and the local commander has asked his counterpart to refrain from such provocations in future, he said.

Eligibility Criteria for Union Council of Ministers:

Congress politician-turned BJP MP Jyotiraditya Scindia, former Maharashtra CM Narayan Rane and former Assam chief minister Sarbananda Sonowal among some of the prominent names on the list. Senior Congress leader and former union minister P Chidambaram took to Twitter today saying, "The resignations of the Union Health Minister and the MoS Health is a candid confession that the Modi government has utterly failed in managing the pandemic." New portfolios have been allocated to ministers who were inducted into the Union Cabinet and Council of Ministers today. The ministers are supported by a number of civilian, scientific and military advisers. The Defence Ministry is responsible for "obtaining policy directions of the Government on all defence and security related matters" and communicating these directions to "Services Headquarters, Inter-Services Organisations, Production Establishments and Research and Development Organisations".

And the responsibilities notified by Cabinet Secretariat order on 30 December 2019. At present, the undergoing new creation of National Defence University, for training of military officials and concerned civilian officials, will be administered and overseen by the Ministry. The Ministry organises and runs Republic Day celebrations and parade every year in January, hosting a chief guest. The Ministry has the largest budget among the federal departments of India and currently stands third in military expenditure in the world, among countries of the world. According to a list of the cabinet members, former Irish Prime Minister and leader of Fianna Fail Micheal Martin will become the new deputy prime minister and minister for foreign affairs and defence while former Minister for Foreign Affairs and Defence Simon Coveney will become minister for enterprise, trade and employment. The Minister of Home Affairs (or simply, the Home Minister, short-form HM) is the head of the Ministry of Home Affairs of the Government of India.

Who is present home minister of India?

The first-time MP declined to comment on the demand for the formation of a separate Union Territory with areas now in north Bengal. Responding to a question from the media after taking charge, Mr Misra said the Narendra Modi government has handled the Rohingya issue firmly and it is no longer a major problem. "This is not a big issue anymore because effective corrective steps have been taken by the government," he said.

"Singh will host the defence ministers of African nations during the India-Africa Defence Dialogue on October 18," the defence ministry on Sunday. The division deals with matters relating to policy formulation in respect of internal security issues, international co-operation on counter-terrorism, international covenants, bilateral assistance treaties and related items of work. In a big cabinet reshuffle by PM Modi today, Harsh Vardhan has been moved out of the health ministry and Mansukh Mandaviya has been given charge of the portfolio now. In other important changes made by PM Modi, Ashwani Vashnaw Rajya Sabha MP from Odisha, has been given the charge of Railways and IT ministry.

No one can stop us from rewriting our history: Union Home Minister Amit Shah

Patel's name was declared as the leader of the legislative party unanimously at the meeting held at the party's state headquarters 'Kamalam'. The new cabinet includes 23 ministers, four ministers of state and 14 parliamentary secretaries, according to a press release issued by the British Columbia government on Wednesday. He was handling Ministry of State for Shipping (2016–2019) before the July 7th Modi cabinet reshuffle. The education minister in India also handles the Ministry of Skill Development and Entrepreneurship.

As a part of the celebratory events, the Horse-riding Performance of Japanese Yabusame and Indian Tent Pegging took place. Yabusame is one of Japan’s traditional martial art featuring an archer firing at targets from a galloping horse. “India and Japan enjoy a special global strategic partnership and we try to expand our cooperation in all fields. Of course, security is a very important area so I am glad that cooperation is advancing in the area of security," he said.

Popular Marathi TV chat show 'Home Minister' has been running successfully for the past 17 years. The show is hosted by actor Aadesh Bandekar, fondly called as ‘Bhauji’ by fans and homemakers. The show has already crossed boundaries with various seasons like Home Minister Bharat Daura, Home Minister International, Home minister Gharchya Ghari and Maha Minister. Now, yet another new season named Home Minister Sasubai Khas Sunbai Zakas is all set to be launched soon. "Pleasure to call on Prime Minister @jacindaardern of New Zealand. Conveyed the personal greetings of PM @narendramodi. Discussed deepening our bilateral cooperation through focused engagement in areas of strength," Jaishankar tweeted.

Narendra Modi’s New Cabinet that is 2021 comprises 31 Cabinet Ministers, 45 Ministers Of State, and 2 Ministers Of State . A few key names from the previous Modi government are missing in the new list. Maneka Gandhi, Sports Minister Rajyavardhan Singh Rathore were not a part of the 2022 Cabinet.

A. Shri Pashu Pati Kumar Paras is India's minister of food processing and industries. IBPSGuide is one of India’s leading bank exam preparation platforms. Our mission is to provide the best online learning platform for all government job aspirants.

The Military Department initially functioned as a branch of the Public Department and maintained a list of Army personnel. After the nomination was approved by the lower house of the Irish parliament, the new cabinet held its first meeting on Saturday night. Home Secretary is the administrative head of the Ministry of Home Affairs, and is the principal adviser to the Home Minister on all matters of policy and administration within the Home Ministry. The changes are made in light of the upcoming elections in Gujarat, Goa, Manipur, Uttar Pradesh, and Uttarakhand. Additionally, it seeks to achieve social harmony with a focus on OBC, Dalit communities, female members, and youthful leaders. The briefcase former India President Pranab Mukherjee used to carry when he presented the Budget as finance minister, the pen with the Reserve Bank of India emblem that he used to sign the Budget with, and his visiting card are among the things his sister has donated to the privately run Uttarpara Jibansmriti archive.

Homemade Pizza & Pizza Dough Recipe

Table of Content

• Different Rules for Deep Dish Pizza
• Step 4: The toppings
• What Makes a Chicago Pizza Unique?
• Italian Sausage Pizza Soup
• Easy And Quick Homemade Pizza
• RECIPE SUBMITTED BY

Pizzas might be the greatest layer in the foundation of the American diet. We celebrate birthdays, plow through late-night meetings and give ourselves a break from cooking by ordering a few pies. People from New York fold greasy slices in half before taking a bite. Ohioans sprinkle the cheese on after the pizza has already baked.

Ladle sauce onto the center and spread it outward in a spiral. Leave about an inch of unsauced crust at the edges. If using a pizza stone, make sure the stone is in the oven when you begin preheating. Bring one ball of pizza dough to room temperature for at least 30 minutes. If your dough is frozen, thaw it overnight in the fridge, and then bring to room temperature 30 minutes before you begin.

Different Rules for Deep Dish Pizza

Pizza is one of the greatest discoveries that humanity has made, I thank Napoli and Italy from my heart. I have eaten many different takes on pizza in my life, but once you eat an authentic Italian pizza is very difficult to return to Dominos or Frozen Pizza. The truth is that pizza, along with much Italian cuisine is at its best when its kept simple and made with fresh quality ingredients. I want to share with you a recipe I learned to make great tasting pizza at home in the oven.

Our Chicago deep dish pizza recipe makes two beautiful pies stuffed with mouth-watering mozzarella and any of your other favorite toppings. For the best results, be sure to carefully read the entire recipe before starting the cooking process. If you plan to make both pizzas at the same time, you will need 2 deep dish 9-by-2-inch round cake pans or 9-inch springform pans. The secret of the best pizza in Chicago comes down to the layers.

Step 4: The toppings

We live in Alabang and unfortunately, up until recently, you couldn’t really get that kind of pizza in our location easily. I also like how Neapolitan-style pizzas are largely dependent on the success of your dough. You cannot hide a bad pizza under tons of toppings.

You’ll need that fork power to get through the thick crust and gooey cheese. The crust is essential to making this pizza successful. It’s got to be thick enough to withstand the weight of the toppings, yet buttery and light enough that it doesn’t cause you to flop into bed right after eating it.

What Makes a Chicago Pizza Unique?

Whatever your reasons, it’s absolutely acceptable to make pizza without cheese. Just proceed as normal when making it at home, but skip the cheese step. Be careful when cutting into the finished pie, because the toppings will move around more easily without a layer of cheese to hold them on. Parmesan cheese is great on pizza…after baking! If you like a little spice, throw in a 1/4 tsp of crushed red pepper flakes to add an extra bit of warmth and flavor. Basil and oregano are traditional pizza sauce flavors, so add in a little of one or both to taste.

You could top the pizza with thin slices of prosciutto or pepperoni if you want to add meat. Once your dough has doubled in size, slap it down on a lightly floured surface and knead for 4 mins until soft but not too elastic. Divide into 6 pieces, roll into balls and leave to rest for 10 mins. Heat oven to the highest temperature possible and place a flat baking sheet in the oven.

Peppery Pizza Loaves

When rolling out the crust, dust the pizza pan or work surface with cornmeal for a crisp finish. Flour just doesn't make the crust as crisp. And the cornmeal adds a slightly nutty sweet flavor. Transfer the pizza to a cooling rack and let cool slightly, just until you're able to handle it.

Luckily, having the oven in the house was a big help during this time because it gave me a fun distraction. And of course, getting freshly baked pizzas that are far from what’s commercially available was definitely a welcome treat. Slide the cooked pizza onto a dish or baking sheet and use a pizza cutter to cut into six slices. The moment has come to bring all of the elements together to create your pizza. You can always experiment with different toppings, just don’t share them when you are walking around in Napoli.

Italian Sausage Pizza Soup

Place the dough on the bed of flour, and slowly roll it out keeping a circular shape. (this is an authentic rustic pizza, so don’t worry if it’s not a perfect circle) I try and roll my pizza to 4mm. Keep turning the dough to keep the shape.

Like any food, be sure to refrigerate leftovers within 2 hours of the end of the cooking time. According to the USDA, leftover pizza can be kept in a refrigerator for 3-4 days. In the freezer, it can last 1-2 months. For best results, store leftover pizza in an airtight container.

How to Make Your Own Pizza With or Without a Pizza Stone

Table of Content

• Easy Homemade Pizza Sauce
• How to Make Pizza Everyone Will Love
• How to Make Pizza at Home That's Better Than Takeout
• How to Make Your Own Pizza at Home: Tips From Our Tatler Friends

But you don't have to rely on restaurants or takeout for top-notch pizza. Read on for tips on how to make your own pizza at home. We'll walk you through how to make pizza crust, how to top a pizza, pizza baking temperature, and how long to bake pizza. Plus, we'll share some of our favorite homemade pizza recipes to try. Instead of ham, it's topped with Genoa salami, and Weiskind also has a preferred method for incorporating pineapple.

Whether you make dough from scratch or use a premade dough, you have a few methods to choose from when baking it. You could play it safe and bake on a baking sheet based on the package instructions. (Ain’t nothin’ wrong with that!) If you’re craving a crispier crust, a baking stoneare both good tools to keep on hand. Make sure to heat it in the oven minutes before you plan to bake so the stone is piping hot.

Easy Homemade Pizza Sauce

The following method I patched together from recipes in both Joy of Cooking and Cook's Illustrated's The Best Recipe. The pizza dough recipe makes enough dough for two 10 to 12 inch pizzas. In Italy, many houses have a wood-fired pizza oven either built into the kitchen or stand alone in the garden. It provides the perfect opportunity to host a pizza party and prove your pizza making skills.

A quick fermentation (1 1/2 hours in a warm place) will allow the dough to rise sufficiently to work with. If you don't have a mixer, you can mix the ingredients together and knead them by hand. Also, if the yeast does not begin to foam or bloom within 10 minutes of being added to the water in Step 1 of Making the Pizza Dough, it is probably dead. You'll need to start over with new, active yeast. The sauce is one part of the pizza that is often overlooked, take your time with it and keep tasting until your happy with it.

How to Make Pizza Everyone Will Love

Once the oven is heated, cook the pizza for 7-8 minutes or till the edges are golden and the cheese gets bubbly, and remove from the oven. There is warm and comforting love that exists between a person and their pizza, nobody can deny it. A go-to meal for a Friday night in with your girlfriends, it's the perfect treat. With most things in our lives being anything but typical right now—we have resorted to becoming experts in the kitchen and trying out new things. Vogue got chef Simran Singh Thapar, executive chef of JW Marriott Mussoorie Walnut Grove Resort & Spa, to give us a step-by-step guide to make pizzas at home. Get your friends on Zoom and host a virtual game night this weekend—you have the meal sorted.

The oven should be at least 425 F. The crust has to bake and brown very quickly. A slow oven will not force the moisture out of the crust, and the toppings will make the crust soggy.

How to Make Pizza at Home That's Better Than Takeout

This 5-Ingredient Crescent Cheesy Bread is also a nice addition to homemade pizza. If you don’t have a pizza stone, assemble your pizza on a piece of parchment paper. While assembling, place your sheet tray in the oven while preheating. Once you’re ready to cook, slide the parchment onto the sheet tray.

Once, the dough is ready I like to keep them in the fridge, as it allows you to roll out the dough with greater ease later on. Place the doughs on the side to rest and rise again, make sure you cover with a cloth. When you find articles by 'Allrecipes Editorial Team,' know that this byline indicates a collaborative effort from our core team of writers and editors. Through these collaborations, the Allrecipes staff is able to provide readers with the most current, accurate, and comprehensive information possible. "Pizza from scratch in under an hour. Much better than the ones you buy! Use your favorite toppings." When it comes to red sauce, trust us when we say a simple, no-cook blender sauce is best.

Slow-Cooker Pizza

During my time in Sardinia last year, we hosted many pizza parties, and I soon inherited a perfect pizza recipe. However, when I’m in the UK I don’t have access to a wood-fired pizza oven, so I have adapted the recipe for the oven. This is a recipe for 4-5 margarita pizzas. Working on a floured surface, with floured hands, softly pat down the risen ball of dough into a circle, rotating it as you do. Good quality tomatoes and olive oil is all you need to make a stellar pizza sauce. Mix together water, tomato paste, and olive oil in a large bowl or jar.

Be careful not to overload the pizza with too many toppings, or your pizza will be soggy. There are some toppings that should be cooked first before topping a pizza because they won’t cook fully before the pizza is done cooking. Raw meat should be fully cooked before adding it as a topping. Any vegetables that you don’t want to be raw on the cooked pizza such as onions, peppers, broccoli, or mushrooms should be sautéed first. Add the mozzarella, onto the top of the pizza (you can add the cheese halfway through the cooking time if you don’t want it to cook to golden. Take the dough from the fridge, and roll out the first pizza base.

Pepperoni Pizza Loaf

Take a bite, and it will transport you right back to the restaurant where the delicious pie was carefully created. I’m not a fan of overly laden pies. I’d rather have a good ratio of dough to toppings. That’s why I’m perfectly happy with even a basic pizza with spicy pepperoni, a simple sauce and great cheese on it.

Place your protein ingredients in the bottom of the pan. High-fat proteins such as bacon or salami should go on the top. In this instance, add them after step 9.

What Happens if You Bake the Burrata?

Transfer one prepared flattened dough to the pizza peel. Use your fingertips to press down and make dents along the surface of the dough to prevent bubbling. Brush the top of the dough with olive oil . Let rest another 10 to 15 minutes.

Pizzas might be the greatest layer in the foundation of the American diet. We celebrate birthdays, plow through late-night meetings and give ourselves a break from cooking by ordering a few pies. People from New York fold greasy slices in half before taking a bite. Ohioans sprinkle the cheese on after the pizza has already baked.

How to Make Your Own Pizza at Home: Tips From Our Tatler Friends

Fortunately, there are now local suppliers of “Tipo 00” flours from Italy that are amazing for Neapolitan-style pizza because they have excellent gluten formation. Sprinkle some cornmeal on the baking stone in the oven (watch your hands, the oven is hot!). Gently shake the peel to see if the dough will easily slide, if not, gently lift up the edges of the pizza and add a bit more cornmeal. (Some people fight over the slices with air bubbles.) Make sure to take the dough out of the refrigerator an hour before using it to bring it to room temperature. Bread flour is the best flour for homemade pizza dough.

Lightly sprinkle the top with mozzarella cheese. Place in the oven and bake until the pizza crust is golden and bubbly, the cheese is melted, and the herb butter mixture is sizzling on the pie. The latter will help give the dough elasticity, she says. Make your own pizza with a crispy base, mozzarella cheese and a fresh tomato sauce. Add simple toppings like slices of ham and rocket if you like.

All You to Know About Home Loan Tax Benefits

Table of Content

• Final Thoughts on 80c Deduction
• There are 3 different aspects involved in repaying a Housing Loan.
• Section 24 (Tax benefit on interest paid):
• Tax Deductions on Rental Income – All You Need to Know
• Deductions under Section 80EE
• Senior Citizens Savings Scheme

BankBazaar will not be held responsible for any loss and/or damage that arises or is incurred by use of such information. Rates and offers as may be applicable at the time of applying for a product may vary from that mentioned above. As of the date of the sanction of the loan, you should not own any other residential property.

If the property is transferred after five years, the tax deduction is taxable in the same year as that of the transfer. The principal repaid on a home loan is eligible for deductions subject to the following criteria. SSY has a lock-in period of 21 years and up to 50% of the accumulated amount can be withdrawn once the girl is 18 years old. Currently, the interest rate is 7.6% and both the investments and withdrawal amounts are tax-free. Section 80C investments not only provide tax exemption but also offer returns that help in building wealth. Some of the eligible financial products under this section are as follows.

Final Thoughts on 80c Deduction

You can split the EMI and take income tax exemption under Section 80C and Section 24, individually. However, a tax payer can only claim up to Rs 1.50 lakhs in a year as deduction under Section 80C. Anincome tax calculatoris one of the best tools to compute the tax benefits without any hassle. It is an online tool that instantly calculates the amount based on certain home loan details. Some of these include home loan amount, rate of interest, existing tax deductions, and gross annual salary. Simply enter the details required and check the tax benefits you can avail.

But if we have only one house and if I have rented out the house, ALL interest paid (even if it is more than Rs. 1.5 Lakhs) is deductible from the rent received. Now, Since the construction of the new flat is delayed as per the construction schedule, the bank is not swapping the property papers of the loan since the LTV ratio is not favourable. They have agreed to transfer this once i make a few future installments on my own or prepay a certain amount back to the bank. Buying a second house by availing second home loan is not just a matter of great pride but can also be a wise investment. As the property buyer of a second house, you need to do a little homework to extract the maximum benefits that the law provides you.

There are 3 different aspects involved in repaying a Housing Loan.

I had taken a home loan in June 2011 for a under construction flat. The construction of the flat is almost completed however the registration of flat under my name is expected to be done in April 2013. The builder however is ready to give possession letter for the flat in March 2013.

I purchased a house in my native place few years back for which i tool Housing loan. The loan is almost coming to closure and now there is no substantial interest component to claim for income tax. I plan to purchase a second house/flat in bangalore (where i stay/work).

Section 24 (Tax benefit on interest paid):

If the property isn't constructed in 5 years, the maximum deduction for the interest paid on the home loan is Rs. 30,000. Is the Home Loan principal part of Section 80C? Yes, home loan principal is part of Section 80C of the Income Tax Act. Under this section, an individual is entitled to tax deductions on the amount paid as repayment of the principal component on the housing loan. Deduction is available only to individuals who are first-time buyers.2.

My question is can I claim tax deduction for interest paid to the Greater Noida authority under section 24? Hi,I have closed my housing loan in October 2012 by paying 4.32 lakhs.The bank has given me the provisioanl certificate only for the amount payed before October 2012. Even if I closed the loan, the money i have payed towards closing is also a part of loan payment right? Then why bank is not giving certificate for this amount.

Therefore, interest accrued but not paid during the year can also be claimed as a deduction. Please note that it doesn’t matter if you rent out or live in this house. You can avail of the benefit in both scenarios.

Otherwise, the deduction claimed earlier will be added back to your income in the year of sale. Section 80EE allows income tax benefits on the interest portion of the residential house property loan availed from any financial institution. You can claim a Home Loan Interest Deduction of up to Rs. 50,000 per financial year as per this section. You can continue to claim until you have fully repaid the loan. The deduction under 80EE is applicable only to individuals which means that if you are a HUF, AOP, a company, or any other kind of taxpayer, you cannot claim the benefit under this section.

Below are the tax benefits you can avail in such scenario. EPF is available to salaried individuals whose basic monthly salary is more than INR 15,000. Minimum contribution by the employer and employee should be 12% of the basic salary plus DA to be eligible for tax benefits. Annual premium paid towards life insurance plans for you, your spouse, and your children is an eligible deduction under 80C. However, the deduction is available only if the premium is less than 10% of the sum assured .

You must file your income tax return by July 31 every year to enjoy the Section 80C benefits. However, you must claim the deduction in the year when you register the property. If you fail to meet this clause, the benefits will not be available.

What Are The Tax Benefits Of Home Loan: Section 80C, 24, 80EE, 80EEA

Table of Content

• Make tax declaration easy with RazorpayX Payroll for employees
• Terms and conditions for home buyers to avail of benefits under Section 24
• Deductions under Section 80EEA
• Easy and Accurate ITR Filing on Tax2win
• What is an interest certificate?

The maximum deduction is limited to INR 1.50 lakhs per annum. The SCSS is a scheme specially designed to address senior citizens' tax-saving needs. The government introduced this scheme for individuals whose age is 60 years old or above.

It is a long-term retirement savings option and has a minimum tenure of 15 years . The investment made in the PPF account is eligible for the tax deduction of up to INR 1.5 lakhs. The maximum deposit limit is also INR 1.5 lakhs; thus, one can claim the entire amount as an exemption under section 80C.

Make tax declaration easy with RazorpayX Payroll for employees

Further you should request your employer to release salary through bank and issue a salary statement. You have not provided complete income details . If you have house property income and salary income then use itr-1. I took a home in my native place in 2006 and took housing loan for the same and given it for rent.

Since this house is your second house this house will be treated as deemed to be let out and you have show reasonable value of notional rent income for March 2012. Now, I purchased one more flat by home loan in Bangalore and residing there. I am paying another 1.8L interest for the same. Under income tax act "right to own a property" is also a capital asset. Dear sir, I'm constructing a house where EMI will commence from Jun'12 though my occupancy starts from Dec'12. At the same time, I'm paying EMI on my current residence where I'm co-applicant along with my father.

Terms and conditions for home buyers to avail of benefits under Section 24

Post-office time deposit schemes are like bank FDs with maturities between one and five years. The present rate of interest is 8.5% and the entire corpus including interest is tax-free if you withdraw it five years after continuous service. Any investment made in government-notified long-term infrastructure bonds is eligible for deduction up to INR 20,000. Mobile-based solution for small business owners and their customers to enable recording of credit/payment transactions digitally across the country. Get your personal eCA to do tax filing for you.

However, there are a few conditions that have to be satisfied if you want to allow this benefit. The most substantive benefits of a home loan are provided by Section 24, which provides the following benefits. You can have as many home loans in India as you need, as there is no law barring you from servicing only one home loan at a time.

Deductions under Section 80EEA

These home loan tax exemptions can only be claimed to purchase houses with a stamped value of up to Rs. 45 Lakh. Homeowners can claim the benefits on loans availed till 31st March 2022. Thus, borrowers will be able to claim a maximum income tax deduction of Rs. 7 Lakh. In the above section, we have discussed how a home buyer can avail of deductions under Section 80C for principal repayment and Section 24 for interest payment. Apart from the tax deductions, homebuyers can currently benefit from low home loan interest rates. Most financial institutions are providing home loans in the interest rate range of 6.5% to 7.0%.

Only those buyers can claim benefits under Section 80EEA who are not claiming deductions under Section 80EE.3. Property value should not exceed Rs 45 lakhs.4. Carpet area of the unit is limited to 60 sq metres in mega cities and 90 sq metres in other cities.5. The loan should have been taken from a bank or housing finance company and not from friends or family members. Section 24 also allows buyers to avail of deductions, even if the buyer has used fund from his own sources to make the purchase, without seeking any home loan. Under the section, a flat 30% deduction on the net annual value of a property is available to the owner, if the house is purchased entirely using the buyer’s personal funds. However, this rebate will not be available if the property is self-occupied, since such properties do n0t have any net annual value under the existing tax laws.

Section 80EE: Interest on Home Loan for first-time home buyers

Apart from the exemption on the principal amount, Section 80C provides a deduction on stamp duty and registration charges as well. Section 80C provides a tax deduction for other types of investments as well and the total tax deduction allowed under this section is capped at a maximum amount of ₹ 1.5 lakhs. Under Section 80C, you can get a tax deduction on the annual principal repayment made for a loan borrowed for the purchase or construction of a house.

If you sell the property within five years from the end of the financial year from which you took possession of the property, you will not get the benefit of the tax deduction. If you have previously availed of a tax benefit, you will need to show it as income in the assessment year of the sale of the property. Premiums paid for a home loan protection insurance plan are tax deductible under section 80C of the Income Tax Act, 1961 only if the borrower makes repayment. Under specific circumstances, where the lender finances such an insurance plan and the borrower repays via loan EMIs, deductions are not allowed. I have constructed a two floor house by taking housing loan jointly with my wife and house/property is in name of both. My wife is not working and don’t have any other income.

Section 80c: Income Tax Deduction Rules You Must Know

This is why there has been a long-standing demand that the deduction limit under Section 80C be increased, in order to justify the vast number of investment/expenditures it covers. The assesse should not own any residential house on the date of sanction of loan. Funds provided to an individual/entity for construction, extension or renovation of a residential property is called a Home Loan. I pay the Greater Noida Authority half yearly installments by myself - which constitutes the principal and interest component.

This is a good scheme for parents as it offers peace of mind. The retirement scheme is available for all salaried employees. The employer or the individual opens the account. The employer and employee must contribute 12% of the basic Salary + D.A if the salary is above ₹15,000. Employer’s contribution is not suitable for tax deduction under 80c. EPF allows you to save a portion of your wages.