Many of us get House Rent Allowance (HRA) as part of our monthly salary. HRA gives us tax deduction under Section 10(13A) of the Income Tax Act. Employees staying in Tier-1, Tier-2 and Tier-3 cities ...
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8th Pay Commission: How much can HRA, basic salary increase? check calculation for different cities
As 8th Pay Commission is under discussion, many government employees are searching how much the basic salary and their House Rent Allowance (HRA) will increase. Under the previous (7th) Pay Commission ...
After the government approves the 8th CPC report with the fitment factor, central govt employees are most likely to see a boost in their basic pay, key allowances such as house rent allowance (HRA) ...
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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 ...
8th Pay Commission for CRPF: Central Reserve Police Force (CRPF) has a vast role in maintaining internal security in the country. From crowd and riot control to staying alert during counter-insurgency ...
The House Rent Allowance (HRA) is a crucial component of your salary if you live in rented accommodation. Calculating HRA exemption can be tricky with changing laws and formulas. A valuable tool to ...
During the peak of the pandemic and even now, work from home has become a reality for many of us and it is indeed difficult to work efficiently from small spaces. Sounds from the kitchen, kids' ...
Employees receiving a fixed salary and residing in rented accommodations have the option to avail of a deduction against the House Rent Allowance (HRA) provided by their employers. The deductible ...
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