The House Rent Allowance (HRA) calculation in income tax returns relies on factors such as salary, HRA component, rent paid, ...
New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...
The draft Income Tax Rules 2026 propose expanding the 50% HRA exemption limit to Bengaluru, Hyderabad, Pune, and Ahmedabad.
With the government considering expanding the list of cities eligible for a higher House Rent Allowance (HRA) exemption under the old tax regime, salaried employees in several major urban centres ...
Did our AI summary help? Bengaluru, Hyderabad, Pune and Ahmedabad are set to be included in the list of Metro cities eligible for a higher House Rent Allowance (HRA) exemption of 50 percent under the ...
Draft Income-tax Rules 2026 propose increased allowance limits, potentially allowing taxpayers under the old regime to pay ...
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