With over 35 Years of Experience in Taxation and Insurance, I have developed a reputation for honesty, integrity, and expertise. Since 1997, I have focused on Life Insurance, Health Insurance, Vehicle Insurance, and Income Tax Return Filing. Prior to that, I worked with central excise, customs, and service tax (indirect tax) from 1982.
Salaried individuals claiming HRA under the old tax regime must disclose their relationship with landlords in Form 124 if rent exceeds ₹1 lakh, per Draft Income Tax Rules, 2026.
The draft Income-tax Rules, 2026 signal a calibrated overhaul of India’s tax compliance framework — raising thresholds for routine banking and property transactions, revising salary perquisite valuations, and expanding exemptions for families, while simultaneously tightening digital scrutiny and foreign income reporting norms.
