Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix thisThe Income Tax Department has flagged 15,000-20,000 cases of individuals using a 'swapped provisions' trick to unfairly reduce their tax li...
24 Jun, 2026, 05.57 PM IST
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
Paying rent but not receiving HRA? Here’s how non-salaried individuals can claim tax deductionSelf-employed individuals and salaried employees not receiving House Rent Allowance (HRA) can claim tax benefits for rent paid under Sectio...
18 Jun, 2026, 01.30 PM IST
Bengaluru techie with Rs 18 lakh salary paying Rs 25,000 per month to wife as house rent to save tax, sparks debate onlineA Bengaluru IT employee's clever tax-saving plan is causing a stir online. He pays rent to his wife for a home she owns, aiming to reduce h...
14 Jun, 2026, 03.11 PM IST
Will increased tax deduction for children hostel allowance, revised HRA be given to taxpayers in new income tax regime also? Know what draft income tax rules, 2026 sayNew draft income tax rules suggest changes to house rent allowance and child hostel allowance benefits. Cities like Bengaluru and Pune may ...
12 Feb, 2026, 08.20 AM IST
Good news for taxpayers in old tax regime: Higher HRA benefits extended to these new cities in new draft Income Tax Rules, 2026Taxpayers in Bengaluru, Hyderabad, Pune, and Ahmedabad can soon benefit from increased house rent allowance tax relief. The government prop...
09 Feb, 2026, 02.06 PM IST
HRA exemption queries: Is HRA available under new tax regime? Can you claim it along with your home loan? How to calculate the exemption?HRA tax exemption rules: The start of the financial year means informing your employer about the preferred tax regime. Many individuals are...
17 Apr, 2025, 05.25 PM IST
Budget 2024 HRA Exemption: Will Bengaluru, Hyderabad, other non-metro cities be included in 50% HRA tax exemption list?Budget 2024 HRA Exemption: Many employers offer an HRA as part of their employees' compensation. If an employee receiving HRA is paying ren...
26 Jun, 2024, 11.33 AM 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
Claiming HRA tax exemption? This is what your rent agreement should includeRent agreement for HRA tax exemption: Employers must collect supporting documents, such as rent receipts, in order to provide the HRA deduc...
01 Apr, 2024, 04.33 PM 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
Can you claim HRA tax exemption for rent paid to wife, parent or any other relative?HRA Exemption for rent paid to family member: The Income Tax Act allows an individual to claim HRA tax exemption provided specified conditi...
01 Apr, 2024, 10.42 AM IST
6 lesser-known facts of HRA tax exemptionHouse Rent Allowance is an important component of your salary and hence it is important that you know certain key aspects of it so that you...
07 Feb, 2024, 12.47 PM IST
How to claim HRA under old tax regime while filing ITRAn individual can save tax on the HRA amount received from employer if they have lived in rented accommodation during the previous financia...
19 Jun, 2023, 01.26 PM IST
HRA exemption rules: Were there any changes announced in house rent allowance in Budget 2023?An individual can claim tax exemption under section 10(13A) of the Income-tax Act, 1961. Usually, HRA is part of the CTC of an employee.
01 Feb, 2023, 04.29 PM IST
Filing ITR? Here's how to claim HRA exemptionThe return filing forms notified by the CBDT for the assessment year 2018-19 require you to provide a detailed break-up of your salary.
31 Aug, 2019, 11.28 AM IST
Can you claim HRA tax exemption for rent paid to spouse? Here's what experts sayA taxpayer is entitled to claim HRA exemption for rent paid to his or her spouse provided there is documentation to prove that the arrangem...
29 Jan, 2018, 11.57 AM IST