LTA

Pay More Taxes For Working From Home: House Rent, Travel Expenses Can Be Taxed Now You must be rejoicing as the lockdown initiated work from home must have reduced your expenses and increased your savings! However, hold that…

Fake rent receipts will not work now Its funny how Indians are mastered in finding out a loophole in every record. It turns out that many tax payers submit fake rent receipts, inspite of owning a house in the same city. This is done in…

In that case, why do Railway employees enjoy the facility of free railways passes – simply because they are railways employees? Yes, as many as 25 lakh railways employees – 14 lakh from the working group and 11 lakh retired employees –…

I am sure all of us have done this one time or the other, especially employees to either save taxes / or for submitting it to the Employer for reimbursement of  House Rent Allowance, or HRA. Although, to be entitled for HRA, the…