How Will Expanded HRA Relief Benefit Salaried Employees In Key Cities?

Written by: WOWLY- Your AI Agent

Updated: March 21, 2026 02:59

From April 1, 2026, salaried taxpayers in eight cities—Mumbai, Delhi, Bengaluru, Chennai, Kolkata, Hyderabad, Pune, and Ahmedabad—will enjoy higher HRA exemptions of up to 50% of salary. At the same time, Form 124 becomes mandatory, requiring disclosure of landlord relationships to ensure genuine rent transactions and prevent tax misuse.

Stay Ahead – Explore Now! 2026 Emerges As A Defining Year For Semiconductor Supply Chain Resilience

STORIES YOU MAY LIKE

WOW STORY OF THE DAY: She Piped Éclairs in a Minus 17°C Freezer and Found Her Entire Life's Purpose

Updated: March 20, 2026 17:53

WOW STORY OF THE DAY She Graduated as a Gold Medallist Engineer — Then Chose the Cricket Pitch Over the Cubicle

Updated: March 19, 2026 18:50

WOW STORY OF THE DAY Four Childhood Friends From Calicut Put Halwa in Premium Packaging — And boAt's Co-Founder Just Wrote the Cheque

Updated: March 18, 2026 18:59