Browsing: hra exemption

In the run up to the Budget 2024, there are expectations galore that the finance ministry could perhaps raise some of…

I am renting a house in Mumbai and my parents live in another rented property. I am paying the rent…

Weighted mean income of an average middle-class Indian has risen to Rs 13 lakh in fiscal year 2022 from Rs…

Only 15% of India’s taxpayers chose the new tax regime, showed the findings of a survey by Clear, an…

If you miss the  deadline to file your tax returns today, you still have the option to file a belated…

The deadline for filing your income tax return is approaching. It is crucial to file your ITR correctly, otherwise,…

Form 26AS and AIS (Annual Information Statement) are both vital documents for individuals filing income tax returns. While they serve…

Is income tax returning filing stressing you out? Business Standard helps you decode everything about ITR-1.  ITR-1, also known…

If you have opted for the old tax regime this financial year, and are currently living in your parents house,…

I am currently working from home remotely. I am living with my parents, and they also live on rent. Can…