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. HRA is a ...
HRA tax exemption depends on rent paid, salary structure and city of residence, with benefits calculated as the lowest of three conditions under the old tax regime. The Income Tax Department has ...
The Income Tax Department clarified that claiming HRA exemption does not guarantee significant tax savings. Benefits depend on rent paid, salary structure, and city type, with specific conditions for ...
CTC of Rs 15 lakh, Rs 20 lakh, Rs 30 lakh and Rs 50 lakh under both new and old tax regime, as per Income Tax Rules, 2026(AI ...