Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has ...
This change has been proposed under the draft rules and forms issued under the new Income Tax Act, 2025. The new rules are ...
New draft income tax rules for 2026 are set to change how salaried employees are taxed. Calculations reveal significant ...
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.
The new rule targets taxpayers who claim to have paid rent to parents or relatives without actually transferring the money. Photo: iStock The new Income Tax rules have proposed a change for claiming ...
If you're claiming House Rent Allowance (HRA) under the old tax regime for rent paid to family members like spouses, parents, or in-laws, you may soon have to disclose your "relationship with the ...
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 ...
Currently, you only declare the rent amount paid. Under the new rules, you must also state if the landlord is a relative.
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 ...
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Claiming HRA for rent to family? What draft tax rules may change
Many salaried employees claim HRA for rent paid to family members. While the practice remains allowed, proposed tax rules may bring an extra layer of scrutiny. Here's what could change.
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