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HRA (House Rent allowances): You Can Claim HRA Benefits Without Landlord's PAN Under Income tax IF ANNUAL RENT MORE THE 1L: Annual rent paid by the employee exceeds Rs 1 lakh per annum, it is mandatory for the employee to report PAN of the landlord to the employer as per income tax law  IF No PAN card with Landlord in case of HRA (House Rent Allowances) under income tax law: The tax law also says that in case the landlord does not have a PAN, a declaration to this effect from the landlord along with the name and address should be filed by the employee. Even if the company may not allow HRA exemption to the employee, due to non-availability of PAN or a declaration by the landlord of not having PAN, still the employee has the option to claim so while filing his/her income tax return A Format of Deceleration May be as follows :- Date To Name & Address DECLARATION I ____________(Full name and address of the declarant) aged ____ do hereby declare that I have ...

Introduction To Derivatives In Capital Market     ·       wHAT IS dERIVATIVEs?   The term ‘ Derivatives’ stands for a contract whose price is derived from or is dependent upon an underlying asset. The underlying asset could be a financial asset such as currency, stock and market index, an interest bearing security or a physical commodity. ·       WHAT IS PREMIUM? a.      Premium is always Payed or Receive. b.      Premium paid by buyer and received by seller.  c.      Premium is transferred from one party to another party it is known as premium exchange or premium shift. s ·       TYPES OF DERIVATIVE CONTRACTS Derivatives comprise two basic contracts namely Future or Options  . ·         FUTURES CONTRACTS : A future...