At the core of the reform is a uniform definition of “wages”, limited to basic pay, dearness allowance and retaining ...

HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as ...

As central government employees await clarity on the implementation of the 8th Pay Commission (8th CPC), a growing concern is ...

There are certain conditions that should be met if a taxpayer wants to avail the benefits of HRA exemption. Let’s understand in depth who can avail the benefits of HRA exemption and how to calculate ...

Central government employees may incur significant financial losses due to potential delays in the 8th Pay Commission's ...

the next time you are drafting down a rent agreement for your property, remember, it can save your tax. Here are the nuts & bolts of HRA exemption and the role of rent agreement in the same NEW DELHI: ...

Are you living in a rented house? You can exempt your rent payment from the taxable income while paying your taxes at the end of every financial year. The rent you pay every year can be adjusted to ...

During the peak of the pandemic and even now, work from home has become a reality for many of us and it is indeed difficult to work efficiently from small spaces. Sounds from the kitchen, kids' ...

Nirmala Sitharaman, the finance minister, made some adjustments to the personal tax structure in the union budget of 2023 to improve its appeal to salaried taxpayers who will be filing income tax ...

The expansion of GHMC boundaries has significantly increased the House Rent Allowance (HRA) and City Compensatory Allowance ...