HRA exemption rises to 50% for salaried employees in Hyderabad under new IT rules

New I-T rules extend HRA to more cities, raise perks limits

The CBDT has notified the Income-tax Rules 2026, replacing the 1962 framework. Key changes effective April 1 include a 30x increase in children’s education allowance, the inclusion of EVs in perquisite norms, and the extension of 50% HRA benefits to Bengaluru, Hyderabad, Pune, and Ahmedabad.

Salaried employees in Hyderabad can now claim HRA exemption of up to 50 pc

Hyderabad: Bringing significant tax relief to salaried employees, the Central Board of Direct Taxes on Friday, March 20, notified the rules for the Income-tax Act, 2025, providing an exemption of 50 pc under House Rent Allowance (HRA) to four more cities, including Hyderabad. At present, salaried employees in Mumbai, Delhi, Kolkata, and Chennai are allowed to claim HRA exemption of up to 50 per cent of their salary, while those living in other l…

CBDT notifies rules for simplified income tax law, to be effective from April 1

Central Board of Direct Taxes on Friday notified the rules for Income-tax Act, 2025 which provided enhanced tax benefit for HRA to salary earner but makes disclosure of landlord-tenant relationship mandatory.

HRA exemption rises to 50% for salaried employees in Hyderabad under new IT rules

Hyderabad tax-payers can now claim a 50% HRA exemption under new tax rules effective April 1, 2026.

Govt Notifies Income Tax Rules 2026; New Compliance Regime from April 1

Get latest articles and stories on Business at LatestLY. The government has notified the Income Tax Rules, 2026, which will come into effect from April 1, 2026. The new rules mark a major overhaul of procedural and compliance systems under direct taxation. The rules implement provisions of the Income-tax Act, 2025, replacing older procedural systems. It includes updated definitions, compliance structures, and new reporting mechanisms. Under new …