HRA Would Be Calculated From Basic Or Gross Salary????

madhucal74
Hi Friends
On what basis we can calculate HRA (%) (on basic or gross salary).
Regards
Madhu
htdesai
Hi Madhu,
HRA calculation depends upon company's salary structure, whether it is arrived on gross salary or basic salary. It can differ from one company to other.
Enjoy,
Harshad
Anju2060
Hi,
HRA is calculated on the basis of basic salary any can be 40-50% of the basic salary.
Anju
madhucal74
Hi All
Thnaks for ur reply.
But is there any rule that 50% HRA will be calculated in Metro cities and in other cities it would be 40%..
Regards
Madhu
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