There are certain conditions that should be met if a taxpayer wants to avail the benefits of HRA exemption. Let’s understand in depth who can avail the benefits of HRA exemption and how to calculate ...

the next time you are drafting down a rent agreement for your property, remember, it can save your tax. Here are the nuts & bolts of HRA exemption and the role of rent agreement in the same NEW DELHI: ...

HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as ...

Nirmala Sitharaman, the finance minister, made some adjustments to the personal tax structure in the union budget of 2023 to improve its appeal to salaried taxpayers who will be filing income tax ...

Are you living in a rented house? You can exempt your rent payment from the taxable income while paying your taxes at the end of every financial year. The rent you pay every year can be adjusted to ...

As central government employees await clarity on the implementation of the 8th Pay Commission (8th CPC), a growing concern is emerging around a less discussed but financially significant issue: the ...