Base: 5 lakh
HRA: 2 lakh
Max how much I can exempt with HRA while filing ITR?
I live in my own house. I can pay to my parents in the name of rent.
What are the documents I need to produce?

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Additional Posts in Tax savings

I have a question regarding taxation of joining bonus.

I recieved a joining bonus of 1 lakh from my previous employer in last fiscal year which was taxed.
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By investing 50k/annum in NPS I can save 15k tax per year.. Suggest me I should opt for NPS or not?

Can we show rent paying to parents if we are living with them.. Do company mandates that parents should be living in different city to qualify for such HRA exemption.

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Anyone from tax can help me on some tax related queries.

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Q3 How the above 2 can be claimed during ITR filing?

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This can help everyone

Can I pay income tax challan using credit card?

How to save tax for the money from freelance work? As i already have a full time job.

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