Wed, Jun 07, 2023
Proper documentation and adherence to regulations are crucial when claiming HRA exemption for rent payments made to parents.
More >
Wed, Feb 22, 2023
House rent allowance: Self-employed and salaried individuals who do not receive an HRA can claim an exemption for the rent under Section 80GG of the Income Tax Act.
Mon, Jan 09, 2023
Ministry of Finance is preparing to increase the scope of exemption in HRA. The discount available to the people of metro cities is also possible for other cities. Know the full news from Tarun Sharma.
Tue, May 09, 2017
Two weeks more for the Cabinet to go over the recommendations of the Committee on Allowances report on the 7th Pay Commission which was submitted last week.
Thu, May 04, 2017
It said, "With the increase approved by the Cabinet, the annual pension bill alone of the Central Government is likely to be Rs1,76,071 crore."
Tue, May 02, 2017
"The decision to set-up the Committee was taken in view of significant changes recommended by the 7th CPC in the allowances structure and a large number of representations received in this regard from various Staff Associations as well as the apprehensions conveyed by various Ministries / Departments," Ministry of Finance said in a statement on April 28, 2017.
Thu, Apr 27, 2017
The wait for higher allowances like Dearness Allowance (DA) and House Rent Allowance (HRA) for nearly 1 crore government employees and pensioners might be near its end as the Ashok Lavasa-led Committee on Allowances like likely to submit its report as part of the 7th Pay Commission to the Finance
Tue, Apr 18, 2017
7th Pay Commission had recommended abolition of 52 allowances and subsuming 37 others out of 196 allowances.
Fri, Apr 07, 2017
The impact on inflation is expected to persist for 6-8 quarters, with the peak effect occurring at around 3-4 quarters following the implementation, RBI had said.
Mon, Mar 20, 2017
Committee on Allowances, headed by Finance Secretary Ashok Lavasa, is expected to submit its report on higher allowances under the 7th Pay Commission in the last few days remaining in March 2017.
Wed, Mar 15, 2017
The Committee on allowances as part of the 7th Pay Commission has submitted its report on House Rent Allowance (HRA) to the government last month.
Wed, Mar 08, 2017
The Committee on Allowances under the 7th Pay Commission has allegedly submitted its report to the government recommending a 2% to 4% hike in Dearness Allowance (DA) for nearly 1 crore government employees and pensioners.
Tue, Feb 28, 2017
The Committee on Allowances as part of the 7th Pay Commission has submitted its report on House Rent Allowance (HRA) to the government earlier this week.
Sun, Dec 25, 2016
India's CPI inflation is likely to average around 5.3% in 2017, up from 5.1% in 2016, but the Reserve Bank of India (RBI) might still cut repo rate by 25 basis points in the first quarter (Q1) of next year, says a Nomura report.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
