Metros to get big HRA tax relief soon? Bengaluru, Hyderabad, Pune, Ahmedabad on govt's 50% exemption list proposal

The Centre plans to widen the list of cities eligible for a 50% House Rent Allowance exemption under the old tax regime, adding cities like Ahmedabad, Bengaluru, Hyderabad, and Pune, while others remain at 40%. This aims to address rising rental prices in economic hubs.