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HRA Calculation and exemptions

HRA Calculation and exemptions

by | Jul 1, 2024 | Taxation

House rent allowance (HRA) is a component of salary provided by employer to his employee, keeping in mind that employee has to bear cost of rental expenses. Salaried individuals who live in a rented house can claim this exemption and save their taxes. Taxability of...

How to calculate income tax on salary?

by | May 25, 2024 | Taxation

Majority population of our country is the hardworking class of people who are under employment of some or the other organisation. They render their services to their employers in return for a consideration in the form of salary. There exists a formal employer employee...

All you need to know about AIS TIS 26AS

by | May 21, 2024 | Taxation

Government of India with the help of CBDT have aimed at ensuring accuracy, transparency and authenticity of financial transactions carried out by different types of persons. Since we live in the age of automation, keeping a track of activities done in the financial...

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