I f you live in a rented house and your salary does not include HRA i.e. House Rent Allowance, then there is no need to worry. Under Section 80GG of the Income Tax Act, you can claim tax exemption ...
While what could be the benefits of house rent allowances (HRA) under the 8th Pay Commission are unclear, lets check out the benefits of HRA in the current pay Commission 7CPC.
HRA tax exemption: Many employees have the provision for House Rent Allowance (HRA) as a part of their salary structure. To lower their tax burden, many claim HRA exemption if they live in rented ...
The House Rent Allowance (HRA) exemption calculator is the simplest method to find your rent exemption. The calculator explanatively shows the various conditions based on which taxable HRA is ...
According to one expert, the benefits of reduced tax slab rates in the new regime far outweigh the practical hassles of ...
Well, not yet for those paying rent. Tax-saving component of the house rent allowance (HRA) makes the old tax regime more beneficial in some cases. One such case is of married couples, who can use ...