New draft income tax rules for 2026 are set to change how salaried employees are taxed. Calculations reveal significant ...
The Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor car perquisite valuations, an increased tax-free loan limit to ...
For salaried professionals without significant tax-saving investments or housing rent exposure, the new regime represents both simplicity and fiscal efficiency ...
The Centre is proposing a significant expansion of House Rent Allowance (HRA) tax benefits for salaried employees under the old income-tax regime, signalling relief for workers in fast-growing urban ...
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Higher HRA, bigger deductions? Why the old tax regime may work only for select salaried taxpayers
New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may find the old regime more beneficial if they can utilise exemptions like ...
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Getting tax benefits on rent? Most salaried employees claim HRA exemption wrong, says CA
If you're a salaried employee receiving House Rent Allowance (HRA) and living in rented accommodation, you're likely eligible for a tax break under Section 10(13A) of the Income Tax Act. But Chartered ...
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