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RENT PAID TO PARENTS
“I could not imagine living back in the US full-time”: Family leaves New York, buys $13,000 home in Italy and later purchases a second propertyA New York family found an unexpected escape in rural Italy, purchasing a home for a mere $13,000. This move not only granted them mortgage...- 7 steps parents can take to teach money management to their childrenBe available for counsel and advice, but wait for the children to ask for it. Offering unsolicited advice, which comes from a position of l...
- Gurugram startup founder explains why he pays Rs 2.5 lakh rent despite having a free family home in DelhiA Gurugram-based startup founder is paying Rs 2.5 lakh monthly rent, opting for convenience and productivity over free accommodation at his...
- Rs 30 lakh rent accepted; free family home rejected to build a marriage and career. How living away from parents helps this founderA LinkedIn post by Gurugram-based founder Rohan Dhawan has sparked widespread discussion after he revealed that he pays nearly Rs 30 lakh i...
- 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 ...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- ‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...
- How an IITian-turned ‘guru’ built a following through YouTube and exploited women through Gandharva marriages in MathuraAbhishek Mishra, also known as Adikarta Narayan Das, a former IIT Roorkee student, now a self-styled spiritual leader in Mathura, has been ...
- Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
- Can ₹11 crore buy a stress-free early retirement in Hyderabad? 37-year-old NRI's query to netizens sparks debate on 'Fat FIRE'A 37-year-old Indian professional in the US, with ₹11 crore in investments and a paid-off Hyderabad home, plans to retire early with his fa...
- Left alone by husband with 18-month-old toddler, Maharashtra woman now drives auto for a living. Her daughter takes a seat beside her every morning. ‘My only goal is to send her to an English-medium school.’Komal Gaikwad, a mother from Parbhani, faced financial struggles and abandonment. She now drives an auto rickshaw with her young daughter, ...
- Rs 48 lakh salary, Rs 38,000 rent: Pune designer chose Rs 20 lakh job and morning chai with parents in Indore instead. What happened?A young professional's decision to leave a ₹48 lakh job in Pune for a ₹20 lakh role in Indore is sparking a debate on success. He traded lo...
- Bengaluru techie, who left Rs 52 LPA job for Rs 22 LPA job, gained a lot despite lower salary: ‘Some pay cuts are….’A software professional left a Rs 52 lakh Bengaluru job for a Rs 22 lakh role in a smaller city, prioritizing work-life balance. Despite a ...
- How managements hide debt, losses, and disputes without breaking a single accounting rule – and take investors for a rideA listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...
- 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...
- 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...
- 7 lesser-known investments, expenditures eligible for tax breaksDid you know you that can claim tax deduction on stamp duty? Here are other tricks that can help you cut tax.
- For tax relief, you need proof of rent paid to kinAs per the I-T Act, a salaried taxpayer can claim exemption on HRA, if the property is not owned by him and actual rent has been paid.
- Frequently asked questions on tax savingSection 80E of the I-T Act allows an individual to claim the entire interest paid on an education loan as a deduction from gross total inco...
- How to claim tax exemption on your HRAHRA (House Rent Allowance) forms a crucial component of your income. You can claim tax exemption on your HRA, subject to certain conditions.
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