A Health Reimbursement Arrangement (HRA) is an employer-owned and funded account to which Purdue contributes funds that may be used tax-free for eligible medical, prescription, over-the-counter, ...
Many taxpayers who have claimed an HRA deduction exceeding ₹5 lakh in their income tax returns have received an email from ...
Experts warn that those caught could face a penalty of up to 200% of the misreported amount under Section 10(13A) of the Income Tax Act ...
In order to use HSA funds when you have an HRA on the stack, you will have to log in to the member portal at www.hsabank.com or log in to the mobile app to either make a payment from your HSA to a ...
Salaried taxpayers claiming HRA exemption in their ITR must provide their landlord’s PAN if annual rent exceeds Rs 1 lakh.