Big HRA boost on cards: Govt plans to expand 50% exemption to some metro cities

Salaried employees in major Indian cities may soon see significant tax relief. The government is planning to expand the list of cities eligible for a higher House Rent Allowance exemption under the old tax regime. Bengaluru, Hyderabad, Pune, and Ahmedabad are set to join Mumbai, Delhi, Kolkata, and Chennai in receiving this benefit.