House Rent Allowance Rules and Regulations – HRA 2020-21

(This post is being updated) If you go through the break-up of your CTC statement, you will find a term HRA, which stands for House Rent Allowance. It is paid to compensate the employee for the rent he is paying in the absence of a company quarter.So is “House Rent Allowance (HRA)” a taxable income for…

Retirement Asset Allocation – By Age or Goal or Risk Tolerance?

How should the retirement asset allocation be done – by age or by goal or by risk tolerance? Before jumping to the answer of this question, let’s first understand what asset allocation is all about. What Is Asset Allocation? Asset allocation basically means how much of your investments should be divided into equity and debt instruments….