8th Pay Commission salary hike: Why this employee body is recommending Rs 55,000 minimum basic pay to 8th CPCThe Jammu & Kashmir Employees' Federation has urged the 8th Pay Commission to implement a fitment factor of 3.05 and a minimum basic pay of...
04 Jun, 2026, 03.39 PM IST
New NPS withdrawal plan: Retirement Income Scheme offers an orderly exit, but no return guaranteeThe Pension Fund Regulatory and Development Authority (PFRDA) has introduced the Retirement Income Scheme (RIS) under NPS, allowing retiree...
01 Jun, 2026, 06.30 AM IST
‘Stop performing poverty’: Gurgaon-based CEO shares how a Bengaluru founder pays himself Rs 50,000 despite having Rs 5 cr in the bankStartup founders often face pressure to be extremely frugal. However, venture capital CEO Aditya Arora believes underpaying oneself can be ...
26 May, 2026, 12.08 PM IST
Couples and money: Why shared financial decisions, clear spending rules, and transparency matter in relationshipsWithout a definition of priority and discretion, many households suffer from ad hocism. How should they spend for the common good without s...
25 May, 2026, 11.07 AM IST
Taylor Swift and Travis Kelce’s rumored prenup sparks massive online debate ahead of weddingReports surrounding Taylor Swift and Travis Kelce suggest the celebrity couple may sign a prenuptial agreement featuring strict confidentia...
21 May, 2026, 11.42 PM IST
8th Pay Commission Pune meeting update: Rs 65,000 as minimum pay, fitment factor of 3.8; what Maharashtra pension body demands from 8th CPC8th Pay Commission: Maharashtra Old Pension Organization representatives met with the 8th Pay Commission in Pune, advocating for a Rs 65,00...
06 May, 2026, 08.52 PM IST
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
04 May, 2026, 06.30 AM IST
Dharavi Redevelopment: Upper-floor home rehab hinges on ground-floor eligibilityUpper-floor residents in the Dharavi redevelopment project may face eligibility challenges, as their rehabilitation depends partly on wheth...
03 May, 2026, 05.40 PM IST
Upper-floor eligibility in Dharavi slum rehabilitation tied to ground-floor status, documentsUpper-floor residents in Dharavi can now get new homes. Eligibility depends on ground-floor occupants. A new government rule offers 300 sq ...
03 May, 2026, 11.21 AM IST
Husband takes Rs 25.06 lakh loan in wife’s name, runs off with car, jewellery & then seeks maintenance; HC slaps Rs 15 lakh cost on him for false affidavitA husband took Rs 25.6 lakh personal loans in his wife's name, spent the money on a lavish lifestyle, and fled with her car and jewellery. ...
25 Apr, 2026, 08.01 AM IST
Zohran Mamdani tax record: Is New York’s mayor truly middle-class? Here’s what the 2025 filings revealThe Zohran Mamdani tax record has reignited debate over whether political leaders adequately represent the economic realities of their cons...
21 Apr, 2026, 06.06 PM IST
HRA tax exemption: Five things to know about rent paid to spouseThe rent received is taxable, but not all of it. There is a 30% standard deduction on rental income. If the spouse gets Rs 6 lakh per year ...
31 Jul, 2023, 06.30 AM IST
Your parents, wife and children can help you save taxes. Here's howSalaried individuals can save tax by paying rent to their parents and availing the HRA exemption benefit.
14 Feb, 2020, 01.40 PM IST
How to claim tax exemption on HRA without landlord's PANAs per the Rule 26C of the Income Tax Act, employee needs to fill and submit Form 12BB to one's employer, by mentioning the property owner'...
30 Jun, 2018, 03.26 PM 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
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.
11 Apr, 2017, 11.32 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