The HRA exemption helps salaried employees cut their tax bill by thousands every year. Here is exactly what it covers, who can claim it, how to calculate it with real numbers, and what homeowners can claim instead.
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Tax Saving
Tag articles tagged tax saving.
- BlogHRA Exemption in India: How Renters and Homeowners Can Claim It
- BlogNPS Tax Benefits in India: How to Cut Your Tax Bill by up to ₹70,000
NPS offers three separate tax deduction sections under the Income Tax Act 2025. Here is how Sections 80CCD(1), 80CCD(1B), and 80CCD(2) work, with real rupee examples and a comparison to 80C.
- BlogRebate Under Section 87A in India: How to Pay Zero Tax on Income up to ₹12 Lakh
Section 87A of the Income Tax Act 2025 gives a rebate of up to ₹60,000 to residents whose total income is up to ₹12 lakh per year under the new tax regime. Here is exactly who qualifies, how the math works, and what it means in practice.
- BlogSection 24(b) in India: How Home Loan Interest Cuts Your Tax Bill
Section 24(b) of the Income Tax Act 2025 lets you deduct home loan interest from your rental income — up to ₹2 lakh per year on a self-occupied property, and with no cap on let-out property. Here is exactly how it works, who qualifies, and how much you save.
- BlogSection 80D in India: How Health Insurance Premiums Cut Your Tax Bill
Section 80D of the Income Tax Act 2025 lets you deduct health insurance premiums for yourself, your family, and your parents — up to ₹1 lakh in total. Here is exactly what the deduction covers, who qualifies, and how much you actually save.
- BlogSection 89(1) Relief in India: How to Cut Your Tax Bill When You Receive Salary Arrears or Gratuity
When you receive salary arrears, gratuity, or commuted pension in one lump sum, it can push your tax rate up sharply. Section 89(1) of the Income Tax Act 2025 lets you claim relief — here is exactly how it works, who qualifies, and how to file Form 10E.
- BlogTax-Saving Investments in India: Deductions Under the Income Tax Act 2025
The Income Tax Act 2025 keeps the same deduction framework as before — Section 80C, 80D, and 80CCD(1B) are still the main ways to reduce your tax outgo. Here is what each section actually saves you in rupees.