BUSINESS

How To Claim HRA When Paying Rent To Your Parents: Rules Explained

Paying rent to your parents to claim House Rent Allowance (HRA) is legal—but only if done properly. Make sure you pay rent through bank transfers, have a formal rent agreement, and your parents declare the rental income in their tax returns.

ZEE NEWS
3 hours ago
Read Full Article

MORE TO CATCH UP

BUSINESS

Market Outlook: Tariff Tensions, Inflation Data Key Triggers Next Week

FII selling persisted during the week, indicating broader risk aversion in emerging markets. However, ongoing purchases by DIIs helped mitigate losses. Domestic resilience is shown by strong July GST collections and rising PMI readings.

ZEE NEWS
21 minutes ago
MARKET

Mcap of 6 of top-10 valued firms erodes by ₹1.36 lakh crore; Reliance hit hard

From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys and Hindustan Unilever faced erosion in their valuations while TCS, State Bank of India, LIC and Bajaj Finance were the gainers

THE HINDU BUSINESS LINE
21 minutes ago
BUSINESS

ITR 2025: How Tax Rules Differ For Freelancers And Salaried Employees— Explained

For salaried employees, taxes are cut by the employer before the salary reaches their account. Freelancers, however, need to handle taxes themselves. Usually, when clients pay freelancers, they deduct 10 per cent TDS and submit it to the government under the freelancer’s PAN. 

ZEE NEWS
42 minutes ago
BUSINESS

Market valuation: Mcap of six of top 10 firms tumbles by Rs 1.36 lakh crore; Reliance takes biggest hit

Amidst a weak equity market sentiment, six of India's top ten companies experienced a significant market capitalization erosion, totaling Rs 1,36,151.24 crore last week. Reliance Industries suffered the most substantial loss. Conversely ...more

TIMES OF INDIA
45 minutes ago
AGRICULTURE

Shrimp exporters seek government aid as Trump tariffs threaten $2 billion in exports

The association has requested a 30% increase in working capital through soft loans, with margins covered by interest subvention and a 240-day moratorium for pre- and post-packaging operations

THE HINDU BUSINESS LINE
51 minutes ago
BANKING

BharatPe to raise funds before IPO, listing not on card this fiscal: CEO Nalin Negi

BharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan

THE HINDU BUSINESS LINE
54 minutes ago
BUSINESS

2026 Mahindra Bolero Spotted! Rugged Design, Tech Makeover And More Features Expected

2026 Mahindra Bolero: Mahindra’s iconic SUV, the Bolero, is all set for a big makeover in 2026. The next-generation model is already in testing, and recent spy shots hint at what’s coming.

ZEE NEWS
1 hour ago

Subscribe for latest news updates from NewsFomo

Get over your FOMO of knowing what's happening. Never miss what matters to you!