Dein erstes Forum » Cheap Replica Jerseys From China

"An education loan is one of the most important loans for students who are looking to fund their education. These loans are available for all levels of education Koke Spain Jersey , whether it is school or college education. These loans are also called student loans and are available for college education both in India and abroad. But, did you know you could get a tax benefit for opting for an educational loan?

Section 80E is an often forgotten section of the Income Tax Act. But this section can help you save tax if you have an educational loan.


Section 80E: Tax deduction for interest on educational loan:


This section provides a deduction on the interest paid for servicing an educational loan. No benefit is available for the principal component of the student loan.


This deduction is available for the entire amount of interest paid on education loan. There is no limit for the interest deduction. However, since this is a deduction, it is automatically restricted to the gross income of the taxpayer. For example Juanfran Spain Jersey , if the income of the taxpayer is Rs. 8,00,000 and the interest on education loan is Rs. 8,50 Juan Mata Spain Jersey ,000, the total deduction will be restricted to Rs. 8,00,000 only.


This benefit under Section 80E can only be availed for loans taken for higher studies. This means loans taken for primary education are not allowed as a deduction. The section does not distinguish between the subject of study and the place of study i.e in India or abroad. However Jordi Alba Spain Jersey , it specifies that higher studies include undergraduate and graduate studies. The student will have to complete higher secondary exams to avail this benefit.


The student loan must also be taken from a financial institution or a charitable trust giving educational loans to students. If the loan is taken from parents, relatives or friends, then this interest does not matter.


This deduction under Section 80E is only available to an individual. The loan should be taken for higher studies for self, spouse Isco Spain Jersey , children or students for whom the taxpayer is a legal guardian. This means parents can avail tax deduction on interest for loans taken for their children.


A deduction under Section 80E of the Income Tax Act is available for 8 financial years starting from the time repayment of the loan begins. To get this deduction, the taxpayer will need to get a certificate from the bank that shows the total interest paid to the bank for the financial year. This breakup needs to be attached with the income tax return.



Author Bio:- Neha Sharma is a finance student who loves to write in her free time. She has spent considerable time researching about聽education ugh her work, she informs how to claim tax benefits

Total Views: 14Word Count: 450See All articles From Author
Offshore drilling rigs are used for drilling and exploration activities in the offshore arena. The high demand for crude oil, along with the maturing of onshore oil and gas wells is driving the market for offshore drilling rigs. The increase in the number of investments from operators Iker Casillas Spain Jersey , especially for deep and ultra-deep-water activities, fuels the growth of the offshore drilling rigs market. Semi-submersibles and jackups dominate the global offshore drilling rigs market, owing to increasing shallow and Deepwater explorations.
Transocean (Switzerland), COSL (China) Hector Bellerin Spain Jersey , Nabors (Bermuda), Ensco plc. (U.K.), Diamond Offshore Drilling (U.S.), KCA Deutag (U.K.) Gerard Pique Spain Jersey , and Maersk Drilling (Denmark), are the major players that constitute a significant share of the global offshore drilling rigs market. These players are concentrating on growing markets and are investing heavily to meet the demand from these markets and to reduce contract backlogs.
Download PDF Brochure @ > Growing demand for deepwater activities in the Asia-Pacific region and further drilling into mid ocean is driving the demand for mid and deep-water floaters. Additionally, increasing investments with high E&P Capex in these regions are also propelling the growth of the deepwater market. Drillships currently have the largest market size because of increasing ultra-deep water activities in growing offshore regions across the world.
The growth of the offshore drilling rigs market in these regions is propelled by factors such as growing offshore activities in the harsh environmental conditions of North Sea and depleting oil and gas reserves in the U.S. The CAGR of the European region is determined by growing offshore activities in the North Sea.
Contracts and Agreements: Key strategy
Most of these companies rely mainly on availing contracts for drilling from operators. This is done in order to gain maximum revenue and avail of niche opportunities in the market. To meet the demand for offshore drilling activities and to enhance oil productivity, drilling contractors have opted for contract extensions and agreements as their key strategy.
The major offshore drilling rig types include jackups Diego Costa Spain Jersey , semi-submersibles, and drillships. Semi-submersibles are the largest in terms of market value and jackups are the most widely employed rigs for offshore drilling.
Speak to Analyst: > Scope of the Report:
The global offshore drilling rigs market is analyzed in terms of revenue ($Million) for the aforesaid applications, types, and by region.
By Geography


North America
Latin America
Europe
Asia-Pacific
Middle East
Africa
Rest of the World (RoW)


By Application


Shallow water
Deepwater
Ultra-Deep water


By Type


Jackup Rigs
Semi-Submersible Rigs
Drillships


Browse Full Report Here:
The global offshore drilling rigs market value is expected to reach $102 David de Gea Spain Jersey ,473 million by 2019, growing at a CAGR of 9.27% from 2014 to 2019. Some of the factors responsible for this growth include increasing expenditure on exploration and producti. Replica Hockey Jerseys Replica Jerseys Replica Baseball Jerseys From China Replica Football Jerseys Replica Jerseys Online Replica College Jerseys Replica Basketball Jerseys China Cheap Replica Jerseys China Cheap Replica Jerseys From China Cheap Fake Soccer Jerseys From China