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HRA

Maharashtra Housing Regulator Will Ensure Fair Deals For Home Buyers

The Cabinet recently approved the Real Estate Regulatory Act (which is now pending for final clearance at the Rajya Sabha). Moreover, Maharashtra is all set to receive its own very State-level housing regulator, with chief minister Devendra Fadnavis having cleared the decks for this much-awaited initiative. The Maharashtra housing regulatory authority has the best of […]

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Leveraging your HRA better to claim tax deductions

We go about trying to claim exemption from taxes in so many ways, but seldom do people realize that investing in ones parents or family is a wise way to manage a part of your tax planning. The best way to go about it is by paying your parent’s ‘house rent’ if you live with […]

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How to Claim Tax benefits from HRA

House Rent Allowance [HRA] is given by the employer to the employee to meet the expenses in relation to the rent of the accommodation which the employee might have to take for his residential purpose. The HRA so paid to the employee is taxable under the head “Income from Salaries” to the extent it so […]

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