Waiting for Form 16? Here’s when employers may issue it for AY 2026-27 ITR filingSalaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...
04 Jun, 2026, 07.11 AM IST
New income tax regime: Don’t miss out on these 3 key deductions that will reduce your taxable income & help save more taxMany taxpayers mistakenly believe the New Tax Regime offers no deductions. However, salaried employees and pensioners can claim a Rs 75,000...
30 May, 2026, 08.45 AM IST
Supreme Court refuses to entertain plea challenging decision to grant cabinet rank to MLAs, MLCs in KarnatakaThe Supreme Court has declined to hear a case challenging the Karnataka government's move to give cabinet rank to 42 legislators. The court...
26 May, 2026, 02.18 PM IST
Salary hike this appraisal season? New labour codes and tax rules may change your real take-home payAppraisal season this year saw companies begin aligning salary structures with new labour codes and updated income tax rules. While some fi...
18 May, 2026, 11.23 AM IST
Old vs new tax regime: Key differences that you must know before ITR filing for tax year 2026-27The new tax regime offers lower rates but removes many deductions, making a thorough comparison with the old regime crucial. While both reg...
05 May, 2026, 05.27 PM IST
'My 40-day salary slip': Bank of Baroda PO reveals first payslip, with allowances & perks fueling viral buzzA Bank of Baroda probationary officer’s viral payslip has sparked fresh interest in bank PO salaries and government banking jobs in India. ...
28 Apr, 2026, 11.43 PM IST
Income Tax Calculator 2026: Compare your income tax liability on Rs 15L, Rs 20L, Rs 30L and Rs 50L CTC under new vs old tax regimeThe Income Tax Rules, 2026 introduce significant benefits for salaried employees, including expanded HRA and meal card tax advantages. Thes...
07 Apr, 2026, 07.57 AM IST
Can your HRA tax exemption claim get rejected despite submitting all proofs?Salaried individuals claiming HRA tax exemption should ensure accuracy and compliance, as discrepancies can lead to rejection. Tax officers...
10 Jul, 2025, 10.25 AM IST
New ITR Utility: Is landlord’s PAN card needed for claiming HRA while filing income tax return?Rent HRA: The income tax department has released new excel and online utilities for ITR-1 and ITR-4. However, in the new excel utilities ta...
10 Jun, 2025, 10.48 AM IST
Income Tax: Can you claim HRA tax exemption for society maintenance charges also?Usually, an employee's salary structure has HRA as one of its components. A salaried employee can claim tax exemption on HRA if he/she live...
26 Mar, 2025, 12.12 PM IST
Paying rent in cash without a rent receipt? Know why your HRA claim may be rejected, and you may get an income tax noticeHouse rent allowance: Tenants will get into trouble with the income tax department if they are paying rent in cash and the landlord does no...
08 Jun, 2024, 06.43 PM IST
Misuse of PAN for fake HRA claims under I-T dept radar: What should landlord do in case of a fake claim?Fake HRA Claims: If a tenant is using someone else's PAN to make a fake HRA claim, then without doubt the tenant would get into trouble, ho...
01 May, 2024, 12.49 PM IST
Proof of HRA claims of previous years; can you really take it easy after CBDT's assurance of no review of old HRA casesRent HRA: The Central Board of Direct Taxes (CBDT) has clarified that there is no special drive to identify fake HRA claims from previous y...
18 Apr, 2024, 03.41 PM IST
5 HRA tax exemption proofs you must have in case income tax dept asksHRA tax exemption documents, proofs: House Rent Allowance (HRA) is generally part of an individual's salary structure. To save tax on rent ...
05 Apr, 2024, 10.36 AM IST
HRA Exemption Rules: How to save income tax on house rent allowance under old tax regimeHouse rent allowance (HRA) tax benefit is available only to salaried individuals who are planning to opt for old tax regime. Further, this ...
01 Apr, 2024, 10.43 AM IST
House rent allowance (HRA): Eligibility, calculation, how to availTo qualify for tax benefit on HRA, the individual should be a salaried employee, should reside in a rented accommodation and pay rent. Here...
19 Feb, 2024, 06.30 AM IST
How dividing rent between spouses can multiply tax gainsIf both you and your spouse are eligible for HRA as part of your salaries, it may work out better if you split the claim.
30 Mar, 2015, 08.20 AM IST