Searched for
HRA TAX BREAK
Income Tax Act 2025: New rules to kick in from April; why you should recalculate before deciding between old and new tax regimesWith the overhauled Income Tax Act taking effect from 1 April, taxpayers must prepare for new rules—and the renewed old vs new tax regime d...- Higher HRA, bigger deductions? Why the old tax regime may work only for select salaried taxpayersNew draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old re...
- Old regime revival? Do the math firstMeaningful gains under the old regime hinge largely on HRA -- and not everyone may qualify.
- Big tax savings in old tax regime: Monthly hostel allowance of Rs 9,000; savings of Rs 89,000 on Rs 15 lakh salary, check the impact of draft income tax rules 2026New draft income tax rules for 2026 suggest higher limits for several allowances. Taxpayers in the old tax regime can save more income tax ...
- 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...
- HRA vs housing loan; which one saves you more income tax after Budget 2026?Let us understand which out of HRA and home loan can save you more tax after Budget 2026. House Rent Allowance (HRA) is a tax break which s...
- 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 ...
- High salary, higher tax risk: How HRA still tilts the old vs new regime decisionMost Indians now prefer the new tax regime for its simplicity and higher in-hand pay. Those sticking to the old regime need careful tax pla...
- HRA tax exemption: Are both rent receipts and rent agreement a must as income tax proofs?Documents for HRA tax exemption: To claim HRA from their employers, many salaried employees usually use either rent receipts or rent agreem...
- How to file income tax return with two or more Form 16sForm 16 is a basic document required to file the income tax return by salaried individuals. It may happen that individuals have switched jo...
- If you have a home loan or plan to take one, you are better off with the old tax regimeIrrespective of whether you have already bought a home or are living on rent but planning to buy a house, there is a good likelihood that y...
- Tax deductions, exemptions not available in new tax regimeHere is the list if tax deductions and exemptions that one cannot claim if he/she opts for new tax regime for a particular financial year.
- Can I claim HRA tax break on accommodation rented for 6 months?The exemption for House Rent Allowance is denied to employees if he or she occupies a house which is owned by them or there is no actual pa...
- New income tax regime vs old: Which is better for you?To see if the new regime is beneficial, each individual will have to make their own calculations.
- 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.
- Filing income tax return? Don't miss these 9 tax breaksYou can claim deductions you might have failed to while submitting your investment declarations. Read on to see how you can maximise your t...
- How to pay less income tax post Budget 2017 and beyondNothing in this world is certain except for death and taxes, a saying goes. However, you can soften the blow from the latter, completely le...
- Claiming home loan interest tax break on rented house? Budget 2017 has bad news for youThe budget proposes to restrict the loss on house property that can be deducted from 'other heads of income' such as 'salary income' to Rs ...
- Budget 2015: How tax benefits can boost your take-home payIf your employer does not give you HRA, deduction for rent paid by you is available from gross taxable income, subject to various limits.
- Home is where the money isTax exemptions can be used to save taxes on housing loans & HRA.
Load More
