New Income Tax Draft Benefits Bengaluru, Hyderabad, Pune, Ahmedabad Residents
New Delhi, February 13: The Central Board of Direct Taxes (CBDT) has released the draft of the Income Tax Rules 2026, which proposes increased tax exemptions for residents of Bengaluru, Hyderabad, Pune, and Ahmedabad. Under the new rules, the number of cities eligible for a 50% House Rent Allowance (HRA) exemption for salaried individuals opting … Read more
