An eway bill is a document or receipt issued by a carrier giving details and instructions relating to a consignment of goods. The details include the consignor’s name, consignee, the point of origin of the consignment, route, and its destination. Electronic Way Bill is a compliance mechanism wherein, through digital networking, the person causing the movement of goods uploads the relevant information before commencing the movement of goods and generates an e-way bill on the…
What is HRA? HRA or House Rent Allowance is a component of the salary provided by the employer to his/her employee. If you receive House Rent Allowance as part of your salary and live in rented accommodation, and can claim full or partial HRA exemption u/s 10. The HRA is fully taxable if you don’t live in rented accommodation. Table of contentsWhat is HRA?How to Calculate House Rent Allowance?HRA Exemption RulesHRA Exemption Calculation with ExampleHow…