Browsing Tag
HRA
7th Pay Commission: Govt Likely To Raise HRA By 3% For Its Employees, Say Reports – News18
After the HRA hike, the government employees' salaries will see a hike in their in-hand salary.House rent allowance is for salaried individuals who live in rented houses, and is for expenses related to accommodation, and it is divided into…
ITR Checklist: Keep These Documents Ready for Income Tax Return Filing – News18
Last Updated: June 16, 2023, 11:46 ISTITR Filing 2023: Whether you file online or offline, it is absolutely necessary to file details on the correct form.As the deadline for filing an ITR approaches, taxpayers are advised to make necessary…
ITR Filing: HRA To Education Loans, 5 Lesser-known Ways To Save Tax
Taxpayers are scrambling all the paperwork to maximise their tax savings.Apart from usual tax-saving investments, many taxpayers might not know that there are several other ways to exempt or deduct while filing ITR 2023.
Individual…
How Does One Get Tax Reduction On House Rent Allowance?
HRA deductions are only permitted for salaried and self-employed people who reside in rented housingAlthough HRA is eligible for a deduction under Section 10(13A) of the Income Tax Act, it may also be partially or completely taxable.People…
7th Pay Commission: HRA Rules Updated, Employees Not Eligible For House Rent Allowance In These…
Edited By: Mohammad HarisLast Updated: January 07, 2023, 10:42 ISTHouse rent allowance is for salaried individuals who live in rented houses.HRA is admissible with reference to the 'place of duty' of the government servant, irrespective of…
7th Pay Commission: HRA rules updated, no house rent allowance in some cases
7th Pay Commission News: The Department of Expenditure (DoE) under the Ministry of Finance has updated the rules regarding House Rent Allowance (HRA) for central government employees. According to the updated rules, a government employee…
Extend HRA tax benefit to home loans: Experts – Times of India
MUMBAI: House rent allowance (HRA) is the most common component in salary slips. Those staying in a rented house can reap tax benefits available for HRA. In its pre-Budget memorandum and discussions with officials of the Central Board of…
Income Tax Return | Salary slip needed for filing ITR: Basic salary, HRA and all components…
Income Tax return filing deadline for Assessment Year 2022/23 is July 31, 2022. Apart from the relevant ITR forms, like Form 16 and Form 26AS, and Permanent Account Number (PAN) and Aadhaar, salaried taxpayers also need to provide their…
DA Update: Will Central Govt Pensioners Get DR Instalments Frozen Earlier? What Govt Says
The central government has turned down the pensioners‘ request to release the dearness relief (DR) that was held during the early period of the COVID-19 pandemic, according to an HT report. The amount was held back to meet the other…