However, in many companies salary is so structured that HRA is 50% (if the company is based in the Metros; else 40%) of the basic salary. EXEMPTION ON HRA: You can claim the rent given to parents as HRA exemption. For example, if you live with parents and pay them rent, this technically makes your parents the landlords.
The Resource Conservation and Recovery Act (RCRA), enacted in 1976, is the principal federal law in the United States governing the disposal of solid waste and hazardous waste. Contents.
The American Recovery and Reinvestment Act permits taxpayers to take a deduction for state and local sales and excise taxes paid on the purchase of new cars, light trucks, motor homes and motorcycles. The deduction is available on new vehicles purchased from Feb. 17, 2009, through Dec. 31, 2009. In states that don't have a sales tax, the law provides a deduction for other taxes or fees paid.