Leave Rules Amendment Regarding House Rent Allowance and Study Allowance MINISTRY OF PERSONNEL, PUBLIC GRIEVANCES AND PENSIONS (Department of Personnel and Training) NOTIFICATION New Delhi, the 1st January, 2018 G.S.R.08(E).—In exercise of the powers conferred by the proviso to article 309 read with clause (5) of article 148 of the Constitution and after consultation with … [Read more...]
Calculate HRA Exemption from Income tax
HRA Tax Exemption Calculator After the implementation of 7th CPC Allowances, the amount of increase in HRA however leads to exemption of HRA partially from tax net. HRA Exemption Calculator is provided here to calculate the amount of HRA to be Exempted from Tax Net and Taxable amount of HRA HRA is declared as Tax Free income subject to the following conditions. The Income Tax … [Read more...]