A major shift in house rent allowance (HRA) calculations in India has prompted salaried employees to seek clarity on tax ...

If 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 on ...

In metro cities, make sure HRA is 50% of basic salary to maximize tax savings. If you live in non-metros or pay less rent, ...

If you live in a rented house but don't get House Rent Allowance (HRA ... Keep supporting documents like rent receipts, rental agreements, and bank statements. Ensure that Form 10BA is filled ...

Keep rent receipts, rental agreements ... While salaried employees with a House Rent Allowance (HRA) component in their salary can claim tax benefits under Section 10(13A) of the Income Tax ...

HRA exemption is ... to claim a deduction for house rent allowance, the employee needs to provide her employer with documents such as rental agreements and rent receipts. “If the payment of ...

"It is mandatory to furnish rent receipts to the employer for claiming HRA exemption for the monthly ... Director of People Advisory Services, EY India told ET. However, the rent that is paid ...

Keep documents like rent receipts ... HRA. Provided you understand the rules of Section 80GG and improve your tax planning. Disclaimer: This content has been sourced and edited from NDTV India.