While a formal rent agreement is not a legal prerequisite, digital payment trails and landlord PAN details are essential to withstand tax department's scrutiny ...
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Will HRA rules get a boost in Budget 2026?
For salaried individuals, House Rent Allowance (HRA) remains one of the strongest tax-saving tools—often saving lakhs in ...
Union Budget 2026 may bring major income tax changes, including revisions in tax slabs, HRA rules, 80C and 80D deductions, ...
Tax expert CA Ruchita Vaghani said contrary to popular belief, the Income Tax Act does not require a formal rent agreement for claiming HRA. What it does require is evidence of payment. This can ...
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