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New I-T Rules: Bigger HRA, Less Jargon, More Clarity!

New I-T Rules: Bigger HRA, Less Jargon, More Clarity!

Folks, the Central Board of Direct Taxes just made a huge announcement! New rules for the Income-tax Act, 2026, are coming on April 1! They’re boosting HRA benefits—fantastic! But hold on, you must now reveal your landlord! Eight cities get a whopping 50% exemption! It’s going to be tremendous—believe me!

Quick rundown

  1. New Income Tax Act simplifies complex tax laws.
  2. HRA benefits enhanced for eight major Indian cities.
  3. Mandatory landlord-tenant disclosure for tax deductions.
  4. Auditors now have increased responsibility in tax claims.
  5. New rules offer clarity with 39 tables and 40 formulas.

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