New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
01 Apr, 2026, 02.19 PM IST
New Income Tax rules, 2026 notified: From HRA to company car to meal card, top six prominent changes which will impact salaried taxpayersThe Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor ca...
20 Mar, 2026, 05.57 PM IST
CBDT notifies new Income Tax rules; HRA benefits enhanced, disclosures tightenedNew Income-tax Rules for 2026 are now in effect. These rules will bring the Income-tax Act of 2025 to life starting April 1, 2026. Complian...
20 Mar, 2026, 04.37 PM 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
Big HRA boost on cards: Govt plans to expand 50% exemption to some metro citiesSalaried employees in major Indian cities may soon see significant tax relief. The government is planning to expand the list of cities elig...
08 Feb, 2026, 03.14 PM IST
HRA alone saves more income tax in old tax regime for many salaried taxpayers; why Budget 2026 should increase its limits and scopeThe House Rent Allowance (HRA) continues to offer an advantage to the old tax regime, despite the new regime's lower tax liability in some ...
27 Jan, 2026, 11.59 AM IST
Budget 2026: Why income tax amendments will be made in the 2025 Act instead of the repealed 1961 lawIf any tax policy changes are announced in Budget 2026, legislative logic dictates they will have to be made directly in the 2025 Act, rath...
19 Jan, 2026, 06.30 AM IST
Bengaluru is not a 'metro': Centre refuses to grant metro status to India's IT capital. Here's whyThe Central government has declined to grant 'Metro' status to Bengaluru, affecting the higher HRA tax exemption that residents desire. Uni...
08 Aug, 2024, 11.30 AM IST
Budget 2024: Relief on buying EV, HRA rationalisation, higher tax deduction on health insurance premium and more, what to expectBudget 2024: Earlier this year, while presenting the Interim Budget 2024-25, Finance Minister Nirmala Sitharaman did not propose any change...
19 Jul, 2024, 10.46 AM IST
DA hiked to 50%, HRA, other components to rise: How much will salary increase for central government employees, pensioners?What happens when DA reaches 50%? The central government has recently increased dearness allowance by 4%. With this, DA will be hiked to 50...
13 Mar, 2024, 11.49 AM IST
Budget 2024: What stock investors, salaried employees expect from Nirmala SitharamanThe Budget 2024 is anticipated for its potential impact on salaried employees. Expectations include reforms to boost market confidence, suc...
31 Jan, 2024, 11.42 AM IST
10 dos and don'ts to ensure your claim of HRA tax exemption against rent paid is not rejectedWhat you must remember while claiming tax exemption of HRA or while filing income tax returns.
11 Jan, 2019, 02.28 PM IST
Will Budget 2018 bring tax relief on rent for self employed on par with HRA exemption?Section 80GG allows self-employed paying rent for the house to lower their tax outgo. However, in comparison to the HRA exemption tax benef...
19 Jan, 2018, 10.38 AM IST
Tax queries: Does teaching profession qualify for presumptive taxation at 50%?The income received from the teaching profession or the activity of preparing content material is not covered under Section 44AA(1) of Inco...
29 Mar, 2017, 12.05 PM IST
- How to claim tax exemption on your HRA
HRA (House Rent Allowance) forms a crucial component of your income. You can claim tax exemption on your HRA, subject to certain conditions.
07 Jun, 2011, 02.56 AM IST
- Home is where the money is
Tax exemptions can be used to save taxes on housing loans & HRA.
08 Jul, 2009, 03.03 AM IST
- Computing tax exempt portion of your HRA
The exemption applicable to house rent allowance (HRA) is covered under Section 10 (13A) of the Income-Tax Act. Normally, it is a part of t...
21 Feb, 2007, 03.38 AM IST