Tag: house rent allowance
Posted in Economy
New I-T Act framework notified; taxpayer relief with stricter compliance from April 1
New Delhi: The Central Board of Direct Taxes on Friday notified the rules to operationalise the new simplified Income Tax Act, with a mix of…
Posted in Economy
Big HRA boost on cards: Govt plans to expand 50% exemption to some metro cities
In a move that could bring significant tax relief to salaried employees living in major urban centres, the government has proposed expanding the list of…