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Can we calculate hra on basic payor pipb only (pay in pay band(pipb) and not grade pay(agp) , if yes than which section of income tax act supports it ? Generally hra is calculated on pipb plus agp
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Dear Rithveek You can Calculate HRA 50% in Metro city or 40% of Basic in non metro city Medical Allowance Rs. 1250.00 per month Convyance Allowance Rs. 1600.00 Per month
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