HRA Calculation [Thread 341136] - CiteHR
Associate Professor(hr)

Cite.Co is a repository of information created by your industry peers and experienced seniors sharing their experience and insights.
Join Us and help by adding your inputs. Contributions From Other Members Follow Below...
Please, Give Guideline about the HRA & HRA Calculations for Tax Benefit.
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.

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
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™