Category: best paydayloan

  • Though personal loans are not tax deductible, other types of loans are

    Though personal loans are not tax deductible, other types of loans are Interest paid on mortgages, student loans, and business loans often can be deducted on your annual taxes, effectively reducing your taxable income for the year. Thereof Is personal loan interest tax deductible in India? There are no tax benefits on personal loans. Only…