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House Rent Allowance (HRA) Vs. Rent Free Accommodations (RFA)



Update: As announced in budget 2020, taxpayers who wish to opt for the New Income Tax Regime from AY 2021-2022 can not claim the exemption of House Rent Allowance.    House Rent Allowance (H.R.A.) results in tax savings because accounting under Income tax act is direct exemption based. Ho
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Sensys Technologies is the Software Development and Marketing Company in the field of Taxation HR related software products like TDS, XBRL, Payroll, Web based Payroll, HRMS, Payroll Software as a Service, Fixed Asset, Service Tax, Income Tax, Digital Signature, PDF Signer, Data backup Attendance Machine. We are servi ... Read more


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