Bengaluru Metro Status Denied

India News

No Metro Recognition for Bengaluru, Here Are the Reasons

Despite its rapid growth and status as a tech hub, Bengaluru has not been granted ‘Metro’ status for House Rent Allowance (HRA) tax exemptions. Union Minister Pankaj Chaudhary explained the policy’s basis and the government’s stance. Income Tax Distinction: Under Rule 2A of the Income-tax Rules, 1962, only Mumbai, Kolkata, Delhi, and Chennai are considered metropolitan cities for HRA exemptions.…