Snisonko
Associate Professor(hr)

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Please, Give Guideline about the HRA & HRA Calculations for Tax Benefit.
From India, Pune
Dear Sush ,
My opinion on your question is as below:-
House rent allowance: the minimum of the following is available as deduction
The actual HRA received
50%/40 % (metro/non-metro) of 'salary'
Rent paid minus 10% of 'salary' .
Trust you will find it useful.

From India, Mumbai
Thank’s This 40 % HRA on Basic or on Gross Salary. It’s on Basic na ? and it’s 10 % rent to be paid on basic salary is it then and then only tax benefit will gain ? Sushant
From India, Pune
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