Employees generally receive a house rent allowance (HRA) from their employers. This is a part of the salary package, in accordance with the terms and conditions of employment. HRA is given to meet the cost of a rented house taken by the employee for his stay. The Income Tax Act allows for deduction in respect of the HRA paid to employees.
Showing posts with label Automated Form 16 Part B for f.Y. 2018-19. Show all posts
Showing posts with label Automated Form 16 Part B for f.Y. 2018-19. Show all posts
Tuesday 22 January 2019
Monday 6 August 2018
As per the latest Central Finance Budget 2018-19 have some changed along with the Income Tax Slab for the Financial Year 2018-19. The Tax Section 80C has also fixed up to Rs. 1.5 Lakh. The Tax benefits who have already get the House Building Loan, they have also good news in this Central Financial Budget 2018-19. Now, look how to get tax benefits on paying Rent & taking home loan interest:-
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