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.

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 ...

The Odisha government announced improved benefits for Fire and Emergency Service personnel, including a new house rent allowance for those staying in barracks without residential accommodation. In ...

Is it better to rent or own a home? This is a complex question. Should one spend big on buying a home with the help of a home ...

Finance Minister Nirmala Sitharaman has made the new tax regime more attractive by making income up to Rs 12 lakh tax-free in the budget. No changes have been made to the old tax regime in the budget.

House Rent Allowance is a component of an employee's salary, offered by employers to help employees cover their rent expenses. HRA is partially or fully exempt from tax, depending on the conditions ...

A major shift in house rent allowance (HRA) calculations in India has prompted salaried employees to seek clarity on tax exemptions. HRA is a significant component of an employee’s salary package and ...

Facing tough choices about a parent's home and Medicaid? Discover the pros and cons of selling vs. keeping the property.

The government has decided to convert the stately homes into upmarket boutique hotels ... “They will only receive a rent allowance equivalent to one-third of their pension, which is 30,000 ...

Let’s examine the situation from a tax standpoint. The main advantage of renting a property in terms of tax is the exemption for House Rent Allowance (HRA). For those whose salary doesn’t include HRA ...

The Minister of Foreign Affairs and North Tongu MP, Samuel Okudzeto Ablakwa, has outrightly denied accusations that he owns a ...