New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...
Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has proposed that tenants must now disclose their relationship with the landlord ...
The government has proposed changes to House Rent Allowance (HRA) rules that could allow salaried employees in more cities to ...
In a move to curb the misuse of House Rent Allowance (HRA), the Draft Income-tax Rules, 2026 have proposed a new compliance requirement for salaried employees.
As per the Section 10(13A) it seems that the exemption can be claimed only in respect of one house occupied by the employee. However there is no restriction as to whether the same can be claimed in ...
New disclosure mandates and stricter documentation will require taxpayers to prove that rent paid to family members is a ...
As per the existing income tax rules, salaried employees in only four metro cities of Delhi, Mumbai, Kolkata and Chennai are ...
As per the Draft Income-Tax Rules, 2026, the Centre has proposed adding four major urban hubs to the list of cities eligible ...
A Medicare HRA can reimburse employees for Medicare premiums and other medical expenses, allowing employees to choose Medicare without violating MSP rules. These plans allow employees aged 65 and ...
Bengaluru, Hyderabad, and Pune added to metro list for 50% HRA exemption, providing major tax relief for salaried professionals.
The draft rules propose expanding the 50% exemption category to include Bengaluru, Hyderabad, Pune and Ahmedabad -- cities that have grown into key employment centres in recent years and seen a sharp ...