Personal finance Articles

Prerna Sindwani
21 Jan 2020, 10:48

Rent at your parents’ place to avail the House Rent Allowance and save tax

Rent at your parents’ place to avail the House Rent Allowance and save tax

Rent at your parents’ place to avail the House Rent Allowance and save tax

Taxpayers living with their parents can capitalise on the benefits under the Income Tax Act that allows tax deductions on house rents. This amou...

How to calculate house rent allowance while computing income tax
BI India Bureau
20 Jan 2020, 18:50

How to calculate house rent allowance while computing income tax

January is usually the time when salaried employees have a deadline to submit the details of the exemptions they would seek while paying the income t...

Here’s how salaried employees can save on their taxable income
Prerna Sindwani
17 Jan 2020, 18:19

Here’s how salaried employees can save on their taxable income

From donations for charity to deductions on rent and investing in government schemes, there is a lot that a salaried employee can save on his taxable...