What is HRA? Why we have to calculate HRA? How we have to calculate HRA, Please provide some examples
From India, Hyderabad
From India, Hyderabad
HRA is not mandatory in AP. So if you want to consider HRA ac component of CTC, then you may consider HRA to be 10-15% or so of basic pay.
From India, Mumbai
264From India, Mumbai
HRA is not mandatory in many of the states, but for Tax exemption purpose its been calculated.
In general HRA is calculated 50% from Basic for Metro cities such as Delhi, Mumbai, Kolkata & Chennai & rest of the cities its 40% on the basic wages
From India, Bangalore
In general HRA is calculated 50% from Basic for Metro cities such as Delhi, Mumbai, Kolkata & Chennai & rest of the cities its 40% on the basic wages
From India, Bangalore
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