HRA Exemption Rises to 50% for Hyderabad Salaried Employees Under New IT Rules
The announcement of new Income Tax Rules taking effect on April 1, 2026, brings good news for taxpayers in Hyderabad. They will be able to claim an HRA exemption of up to 50% of their salary. Previously, this exemption was limited to 40%. The Central Board of Direct Taxes announced these rules on March 20,