HRA Tax Relief for ITR FY 24-25: In the old tax regime, you get a tax benefit on the house rent allowance (HRA). But how much tax benefit do you get on HRA? If your basic pay is Rs 50,000, HRA is Rs ...
A serious flaw in the Income Tax Return (ITR) utility for FY 2024–25 could disrupt House Rent Allowance (HRA) claims for lakhs of salaried taxpayers, warned Chartered Accountant Himank Singla. The ...
HRA claims are under increased scrutiny, with tax officers rejecting claims lacking a clear money trail or appearing dubious. Even with proper documentation like rent receipts, claims can be ...
8th Pay Commission HRA Calculation: When salaries are revised in the 8th Pay Commission, house rent allowance (HRA) will also be revised. For Level 1-7 central government employees, what may be ...
AMSTERDAM, May 27 (Reuters) - Taiwan Semiconductor Manufacturing Co (2330.TW), the world's largest contract chipmaker, is still assessing when it will use ASML's cutting-edge high numerical aperture ...
Abu Dabi–(PinionNewswire)–HRA Experience, a next-generation Web3-powered travel and payment ecosystem, has secured a €35 million investment from a private investor in Abu Dhabi ahead of its global ...
A QSEHRA is a Health Reimbursement Arrangement (HRA) designed for small businesses that do not provide group health insurance. Employees can utilize the pretax funds alongside a Marketplace health ...
When an employer offers a group health plan, all enrolled employees are placed under a single, uniform policy. Everyone has the same benefits, cost-sharing structure—including deductibles and ...
Keep rent receipts, rental agreements, or bank statements showing rent payment as evidence in case of scrutiny by the tax authorities. (Image: Freepik) Rent is often one of the biggest expenses for ...
HRA Exemption: How to claim tax benefits without house rent allowance (Image: Freepik) House rent allowance (HRA) is a part of the salary that the employer provides to his employees to cover the rent ...
Known for his wild antics on stage, Screamin’ Scott Simon loved to entertain fans as he could play the piano with his feet. But besides loving the spotlight, the pianist was also a masterful ...