Spotting
 Timeline
 Travel Tip
 Trip
 Race
 Social
 Greeting
 Poll
 Img
 PNR
 Pic
 Blog
 News
 Conf TL
 RF Club
 Convention
 Monitor
 Topic
 #
 Rating
 Correct
 Wrong
 Stamp
 PNR Ref
 PNR Req
 Blank PNRs
 HJ
 Vote
 Pred
 @
 FM Alert
 FM Approval
 Pvt

Forget AI; our RailFans are endowed with NI - Natural Intelligence

Search Forum
<<prev entry    next entry>>
Blog Entry# 6149516
Posted: Aug 07 (20:00)

3 Responses
Last Response: Aug 07 (23:05)
Rail News
21209 views
4

Metro
BMRC/Bangalore Metro
Aug 07 (20:00)   Bengaluru Denied Metro City Status for HRA Exemption: Government Cites Tax Rationalization Policy

Exynos9611~   19577 news posts
Entry# 6149516         Tags   Past Edits
3 compliments
Useful Useful Useful
No plan to grant metro city status to Bengaluru for HRA exemption, says Centre

The Indian government has no plans to grant Bengaluru ‘metro city’ status for house rent allowance (HRA) exemption, citing a policy to rationalize tax rates. This decision comes despite increasing demands from Bengaluru residents and businesses, who point to rising rents and the city's status as a major IT hub. Currently,...
more...
only Mumbai, Kolkata, Delhi, and Chennai qualify for the higher HRA exemption, allowing for 50% of salary to be considered for the limit, while other cities have a 40% limit. Bengaluru's booming IT sector and rising property prices have fueled calls for its inclusion in the metro city list, but the government maintains that granting exemptions goes against their policy.

Indian government Bengaluru ko HRA exemption ke liye 'metro city' status dene ka koi plan nahin hai. Woh kehte hain ki ye unki tax rates ko rationalize karne ki policy ke against hoga. Bengaluru ke residents aur businesses isse bahut upset hain, kyunki rent bahut badh gaye hain aur Bengaluru IT...
more...
industry ka hub hai. Abhi bas Mumbai, Kolkata, Delhi aur Chennai hi higher HRA exemption ke liye qualify karte hain, jisme 50% salary limit ke liye consider hota hai. Other cities ke liye 40% limit hai. Bengaluru ki IT sector bohot badi hai aur property prices bahut high hain, jisse log demand kar rahe hain ki Bengaluru ko metro city list mein include kiya jaaye. But government kehte hain ki exemptions dene se unki policy break ho jaayegi.

2 Public Posts - Wed Aug 07, 2024

11847 views
0

Aug 07 (23:05)
Mahaveer Jain^~   11687 blog posts
Re# 6149516-3              
Call it a moronic, conservative, unsophisticated
Stunt we r on the way to 4th largest economy and still such inertia
Bengaluru is now a world class unicorn,startup silicon hub of india to the world, largest single municipal corp of india bigger than both Chennai,Kolkata is mistreated
Translate to English
Translate to Hindi
Scroll to Top
Scroll to Bottom
Go to Desktop site
Important Note: This website NEVER solicits for Money or Donations. Please beware of anyone requesting/demanding money on behalf of IRI. Thanks.
Disclaimer: This website has NO affiliation with the Government-run site of Indian Railways. This site does NOT claim 100% accuracy of fast-changing Rail Information. YOU are responsible for independently confirming the validity of information through other sources.
India Rail Info Privacy Policy