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.
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 ...
The Centre’s Draft Income-tax Rules, 2026 signal a sweeping overhaul of compliance standards for salaried individuals, cross-border taxpayers and companies. If cleared by Parliament alongside the ...
The draft Income Tax Rules 2026 propose expanding the 50% HRA exemption limit to Bengaluru, Hyderabad, Pune, and Ahmedabad.