house rent allowance

DA hike news: HRA to Conveyance Allowance — these 13 central government allowances to jump by 25%. Details here

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DA hike news: HRA to Conveyance Allowance — these 13 central government allowances to jump by 25%. Details here

DA hike news: After the announcement of a 4 percent Dearness Allowance (DA) for the central government employees effective from 1st January 2024 and the subsequent rise of the Dearness Relief of 4 percent to the pensioners of the central government, the DA and DR for the central government employees and central government pensioners has … Read more

Can I claim a tax benefit on rent paid in the same city where I own a house?

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Can I claim a tax benefit on rent paid in the same city where I own a house?

Is there a tax benefit available if an individual stays in a rented house and at the same time rents his own house in the same city? —Arindam Mukhopadhyay We assume that you are in employment and are paid a house rent allowance (HRA) by your employer. As per the provisions of the Income Tax … Read more