If you're a salaried employee receiving House Rent Allowance (HRA) and living in rented accommodation, you're likely eligible for a tax break under Section 10(13A) of the Income Tax Act. But Chartered ...

For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...

Among the proposed changes are broader HRA exemptions for cities such as Bengaluru and Hyderabad, which may help reduce overall tax liability.