Choosing the right income tax regime is crucial for ITR filing. Salaried taxpayers can choose between the new and old regimes ...

House Rent Allowance (HRA) Calculation 2023: Salaried employees living in rented accommodation can claim HRA exemption against the rent paid in a financial year. This facility is not available to ...

If you're a salaried employee filing Income Tax Returns (ITR) in 2025, you’ve probably wondered whether HRA (House Rent Allowance) still offers tax relief—especially under the new tax regime.

Here is how the HRA tax exemption will be calculated: a) Actual HRA received - Rs 3,20,000. b) 50% of salary for living in metro city - Rs 4,00,000 (50% of Rs 8,00,000) ...

How to calculate HRA exemption? According to Section 10 [13A] of the Income Tax Act, 1961, salaried individuals in India can claim an exemption on their House Rent Allowance (HRA).

How to calculate HRA exemption. The HRA component can be claimed only when the taxpayers has actually paid rent for the residential accommodation; Shipra Singh. Updated 4 May 2022, 05:54 AM IST.

HRA tax exemption rules offer benefits under specific conditions in the Income-tax Act, 1961. It provides tax-saving opportunities for employees living in rented accommodation under the old tax ...

HRA calculation: There are certain conditions that should be met if a taxpayer wants to avail the benefits of HRA exemption. Let’s understand in depth who can avail the benefits of HRA exemption and ...

HRA Exemption Calculator. The House Rent Allowance (HRA) is a crucial component of your salary if you live in rented accommodation. Calculating HRA exemption can be tricky with changing laws and ...

HRA Calculator: Exemption rules to claim House Rent Allowance (HRA) in FY23. The House Rent Allowance (HRA) is an allowance made by an employer to an employee in exchange for the employee's ...