Dear Experts, Whether HRA can be excluded from pf contribution?
Say, Salary is 25000/- bifurcation possible 12500/- Basic and 12500/- hra so , PF can be calculated on basic only. 4th April 2019 From India, Pune
HRA can not exceed 1 lac per year without the compliance of Income Tax
also the HRA can not exceed 40% ( 50% in certain cities) of basic payable, check your city criteria with income tax tables 5th April 2019
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