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Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

If you are a salaried person living in a rented house, HRA is probably one of the biggest tax-saving tools you use every year. From April 1, 2026, the rules around how you claim it have changed.

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 ...

Effective tax planning is essential for salaried individuals to optimize their advance income tax payments by the Income Tax Act 1961. Under this act, employers are tasked with applying Tax Deductions ...

House Rent Allowance (HRA) remains the biggest reason many salaried taxpayers continue to stay in the old tax regime, but from April 1, 2026, claiming HRA exemption may become more difficult due to ...

Did our AI summary help? The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 2026, replacing several widely used forms that were previously ...

From April 2026, salary slips and tax filings are set for a refresh. The Income-tax Rules, 2026 applies across HRA, perquisites and tax-filing formats, aligning long-standing limits and processes with ...

Google announced earlier this week that it was building a new data center in Minnesota that would be powered by a mix of wind, solar, and a very unique battery built by startup Form Energy that’s ...

Mumbai: If you are a salaried person and have been claiming House Rent Allowance (HRA) for rent paid to your family members like parents, spouse, or in-laws, you may soon have to disclose your ...

Salaried employees claiming House Rent Allowance (HRA) may soon have to provide more detailed disclosures while filing tax declarations. Under the Draft Income-tax Rules, 2026, framed to ...

Leave Travel Concession (LTC) continues to be one of the most widely used tax benefits for salaried employees in India, and with the new Income Tax Act, 2025 scheduled to come into force from April 1, ...