HRA exemption can be claimed in ITR under the old tax regime. Compute monthly HRA per employer; retain all rent receipts. Mismatch in salary figures may trigger a tax notice. Did our AI summary help?

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Extending the 50% HRA exemption to cities such as Hyderabad, Pune, Ahmedabad, and Bengaluru can significantly boost take-home pay for salaried individuals, especially those previously limited by the ...

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Amit, a salaried professional in Mumbai, pays an annual rent of ₹1.8 lakh to his father and claims HRA. From April 1, 2026, his tax filings require greater scrutiny and disclosure. He must clearly ...

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India’s direct tax framework is entering a new phase from April 1, 2026, with the rollout of the Income-tax Act, 2025, replacing the decades-old 1961 law. The overhaul is designed to simplify ...

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