House Rent Allowance is a significant portion of the salary. Many salaried individuals look for ways to save tax, and HRA can help in saving income tax. HRA is given by an employer so that an employee ...
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Higher HRA, bigger deductions? Why the old tax regime may work only for select salaried taxpayers
New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old regime more beneficial if they can utilise exemptions like ...
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Can You Claim Tax Exemption On Home Loan Under The New Tax Regime? What Role HRA Plays In New Tax Regime? EXPLAINED
New Delhi: The New Tax Regime, introduced couple of years ago by Finance Minister Nirmala Sitharaman, entitled salaried individuals for a lower rate of tax. The rider, however, was that the ...
Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has ...
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