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HRA exemption News

08 Jun 2023

Can You Claim For HRA Exemption If Rent Is Paid To Your Parents?

Employees receive HRA to cover the cost of rental accommodations. HRA exemption can be claimed under Section 10 (13A). HRA is completely taxable.

Union Budget 2016-17

29 Feb 2016

Union Budget 2016 HIGHLIGHTS: Home buyers to get Rs 50,000 more deduction on interest; no change in income tax slabs

First time home buyers will get a deduction of an additional interest of Rs 50,000 per annum for loan upto Rs 35 lakh, during 2016-17, provided the house value does not exceed Rs 50 lakh.

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