If you are a salaried professional and living in a rented house, then you must be aware of the HRA component of your salary. HRA is house rent allowance paid by company to meet your rent expenses and this amount is tax deductible (tax free) upto some extent. This tax free amount is calculated on the basis of 3 rules defined by Income tax department. [More]

You have recently got an amazing salary package offer from a company and you find that it has got a component

called Company Leased Accomodation (CLA) and wondering about what it is?
Several questions arise in your mind like Is it a taxable component? or you will get the full amount monthly

in your hand? Here are the answers.. [More]

This is a most common question that comes up in mind when you see the HRA component in your salary and want to maximise tax benefit. Well, there are three rules which determine the cap on the HRA tax exemption that you would get.

We have created a simple Calculator to calculate optimum rent for maximum tax exemption limit which takes care of all the above points and gives you the optimum value that should be paid as rent. [More]