Keep rent receipts, rental agreements, or bank statements showing rent payment as evidence in case of scrutiny by the tax authorities. (Image: Freepik) Rent is often one of the biggest expenses for ...

HRA forms part of an employee’s salary package and is intended to offset rental housing costs. Although HRA is treated as ...

No matter whether you stay at your parents’ house or not, you can claim tax exemptions on the rent paid. If you are an employee, the house rent allowance of HRA might be part of the salary on which ...

During income tax return (ITR) season, many salaried individuals look for smart ways to save on taxes. One common "hack" that often resurfaces is claiming House Rent Allowance (HRA) by showing rent ...