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New rules for HRA claims from April 1, 2026: Disclosure of relationship with landlord will be mandatory.
The government has proposed a major change in the rules for claiming HRA (House Rent Allowance) under the new Income Tax Act, 2025. According to the draft rules, from April 1, 2026, when claiming HRA, ...
New draft rules for the Income Tax Act, 2025, are sparking a debate between old and new tax regimes. Salaried taxpayers may ...
This change has been proposed under the draft rules and forms issued under the new Income Tax Act, 2025. The new rules are ...
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Draft income tax rules 2026: ₹30 lakh salary earners may save up to ₹1.72 lakh in taxes
India’s proposed Draft Income Tax Rules 2026 could bring significant relief for salaried taxpayers by increasing the ...
If you frequently deal in cash transactions, buy property or vehicles, or claim house rent allowance (HRA), the proposed Income Tax Rules, 2026 could change some of the compliance requirements for you ...
House Rent Allowance claims under the old tax regime now require salaried individuals to disclose landlord relationships in Form 124 for rents over ₹1 lakh.
In a move to curb the misuse of House Rent Allowance (HRA), the Draft Income-tax Rules, 2026 have proposed a new compliance requirement for salaried employees.
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Renting From Relatives? Draft Income-Tax Rules Propose Disclosure Of Relationship With Landlord
The draft rules make it mandatory to disclose the relationship with the landlord for claiming the HRA benefit.
From expanded PAN quoting norms and new metro cities for HRA to higher perquisite limits and revamped ITR forms, the proposed Income Tax Rules 2026 aim at simpler language, digital compliance and ...
Currently, you only declare the rent amount paid. Under the new rules, you must also state if the landlord is a relative.
Salaried taxpayers claiming HRA under the old regime will face tighter reporting rules from April 2026. Under the Draft Income Tax Rules, 2026, employees must disclose their relationship with the ...
As per the Section 10(13A) it seems that the exemption can be claimed only in respect of one house occupied by the employee. However there is no restriction as to whether the same can be claimed in ...
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