|
Hi Gouri , HRA is calculated on Salary (Basic +DA).For Metropoliton cities HRA is 50% of Salary and 40% for other cities. For Eg> Basic= Rs. 5000/- pm ; DA=Not applicale - for a person working in metros Then HRA= 50% of 5000= Rs. 2500/- per month Similarly, if the person is working other than metro then HRA= 40% of 5000= Rs. 2000/- per month. Hope you got ur query answered!!! Regards, RAchna
Dear Member, HRA is calculated as follows:- 1. 50% (Metropolis) or 40% (Rest of cities) of Basic 2. Actual rent paid - 10 % of basic 3. HRA (As per Appointment letter) The least of the three is taken for exemption. If you still want to clarify you can cantact me at the links / number mentioned below. Regards, Santosh 09350825655 Found This Useful? +Vote Up This Page Via Google. Why Vote? User validation is extremely important for good content to prosper. | 11231 views3 replies Knowledgebase Categories Popular Discussions |
| PLEASE KEEP YOUR CONDUCT PROFESSIONAL AND POLITE Share »     Discuss problems with your peers without getting into personal specifics. Access to years of discussion data available to everyone at no cost. |
Pls tell me how to creat this.xls
HRA.ppt
HRA.doc