What is the maximum amount allowed in salary components - is there any limit for HRA?

krkhr.rdm
What is the maximum amount allowed in salary components - is there any limit for HRA?
ravi5554
Dear Friend, To get exemption under Income Tax act, HRA is 50 % for Metro and 40% for Non Metro cities.
goalken-highlight
I think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article.
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views. For articles and copyrighted material please only cite the original source link. Each contribution will make this page a resource useful for everyone. Join To Contribute