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Income tax laws need to recognize more cities as metros for HRA tax exemption: Will Budget 2024 include these?

The house rent allowance (HRA) is one of the common component in the salary structure of an employee. However, not all employees get similar benefit due to difference in the place of residence. The HRA rules allow 50% exemption for metro cities and 40% for non-metro cities. There is a need to amend definition of metro cities under the Income-tax Act.

Uttar pradeshWest bengalTamil naduAndhra pradeshNational capital regionIncome tax actCapital regionSilicon valleyHra tax exemptionBudget 2024House rent allowance

Budget 2024: `If not direct tax rate cuts, then at least ease of compliance

Sudhakar Sethuraman, Partner, Deloitte India says that while this year’s Interim Budget might not have much for the individual taxpayers in terms of reduced income-tax rates, the procedures and compliance could be eased.

Andhra pradeshUnion budgetEmployee provident fund organisationAnnual information summaryHouse rent allowanceWhile aadhaarTax deduction account numberIncome taxBudget expectationTax complianceAge verificationAx payment from foreign bank accountTax refundDs on property

Oxford social housing rent could rise by nearly £500 a year

Oxford City Council will consider increasing social housing rent by 7.7 per cent which is the maximum amount permitted.

United kingdomTed turnerOxford city councilBritish kebab awardsCouncillor ed turnerHouse rent allowance

Oxford social housing rent could rise by nearly £500 a year

Oxford social housing rent could rise by nearly £500 a year
thisisoxfordshire.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisisoxfordshire.co.uk Daily Mail and Mail on Sunday newspapers.

United kingdomTed turnerOxford city councilBritish kebab awardsCouncillor ed turnerHouse rent allowance

Budget 2024 Income Tax Expectations: Top 10 Things FM Sitharaman Should Do | Business

Budget News: Budget 2024: Discover the top 10 income tax reforms that taxpayers are hoping for in Budget 2024. From concessional tax regime changes to deductions for housing, explore the wishlist for personal tax reforms.

Andhra pradeshUday bhartiaSurabhi marwahNational pension systemPeople advisory servicesEmployee stock option planFair market valueHouse rent allowanceTax collectedTax deduction account numberFinance ministerTax partnerPrivate taxSenior managerVote on accountUnion budget 2024

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