HRA tax exemption: Five things to know about rent paid to sp

HRA tax exemption: Five things to know about rent paid to spouse

The rent received is taxable, but not all of it. There is a 30% standard deduction on rental income. If the spouse gets Rs 6 lakh per year as rent, he/she will be taxed for only Rs 4.2 lakh.

Related Keywords

, Annual Information Statement , Economic Times News App , Daily Market Updates , Live Business , Taxation , Hra Tax , Hra Tax Exemption , Rent Paid To Spouse , Rent Payment ,

© 2025 Vimarsana