試す 金 - 無料
How to claim deductions, save tax on rental income
Hindustan Times East UP
|December 12, 2024
Rent can be an additional source of income for salaried individuals who have invested in property.
While real estate as an investment may have its challenges in terms of liquidity and high capital requirement, rental income can complement one's salary.
However, rental income is taxed at the individual's slab rate. But there are deductions available on rental income for individuals who choose to stick with the old tax regime.
If you are in receipt of rental income, you can first get a deduction on municipal taxes. Then on the balance, there is a standard deduction of 30%, which accounts for repairs, maintenance and all other expenses.
このストーリーは、Hindustan Times East UP の December 12, 2024 版からのものです。
Magzter GOLD を購読すると、厳選された何千ものプレミアム記事や、10,000 以上の雑誌や新聞にアクセスできます。
すでに購読者ですか? サインイン
Hindustan Times East UP からのその他のストーリー
Hindustan Times East UP
West Bengal’s paradox of economic transformation
The absence of industrialisation produced opposite outcomes in the rural and urban parts of the state
4 mins
April 21, 2026
Hindustan Times East UP
Building trust, saving trade
India should use the trade talk with the US to take things as close to status quo ante as possible for exporters to the US
2 mins
April 21, 2026
Hindustan Times East UP
Apple withholds data in India antitrust case
Apple has not submitted data sought by India’s antitrust body after an investigation found the US firm abused its dominant position in the iPhone apps market, prompting the watchdog to fast-track a decision on penalties to a final hearing next month, an order shows.
1 mins
April 21, 2026
Hindustan Times East UP
West Asia’s security is now India’s problem too
At a moment when tensions in the Gulf are once again rising — marked by instability in the Strait of Hormuz and the stalling of US-Iran diplomacy — much of the analysis remains narrowly focused on familiar powers and traditional alliances.
3 mins
April 21, 2026
Hindustan Times East UP
Onus of road safety lies with the State
The Supreme Court's recent ruling that makes highway safety a part of the right to life under Article 21 of the Constitution comes against a specific backdrop:
1 mins
April 21, 2026
Hindustan Times East UP
In Karnataka, the quiet demise of Ahinda politics
Among the many promises made by the Congress before it came to power in Karnataka in 2023 was that it would restore a certain degree of morality, even probity and transparency, to public life.
3 mins
April 21, 2026
Hindustan Times East UP
Nitish Kumar: Last tall leader of JP movement
In the long arc of India’s political journey, the socialist movement led by Ram Manohar Lohia and later galvanised by Jayaprakash Narayan (JP), stands apart.
3 mins
April 18, 2026
Hindustan Times East UP
JIO PLATFORMS LIKELY TO FILE DRAFT PAPERS FOR IPO NEXT MONTH
Reliance Industries Ltd. is likely to file draft paperwork for the initial public offering of Jio Platforms Ltd. in May, incorporating earnings for the full fiscal year, according to people familiar with the matter.
1 min
April 18, 2026
Hindustan Times East UP
JSW One eyes $350 mn IPO, pre-IPO round on
JSW One Platform, the Sajjan Jindal-led conglomerate’s B2B digital marketplace, has held discussions with bankers for an initial public offering (IPO) later this year, and is also in talks to raise a private round ahead of the listing, three people familiar with the matter said.
2 mins
April 18, 2026
Hindustan Times East UP
Let us spray
Want to smell like the main character? Pick a perfume based on your personality and commit to the plot
3 mins
April 18, 2026
Listen
Translate
Change font size

