House Rent Allowance

How to Claim HRA Exemption: A Step-by-Step Guide for Salaried Employees

If you're a salaried employee, your employer might ask you to fill out a declaration form to claim a House Rent Allowance (HRA) exemption. HRA is a benefit provided to salaried individuals to help cover rental accommodation expenses. It allows you to reduce your taxable income, lowering your tax liability....