is DA additional component of HRA 2-percentage of DA in metro city what is the role of DA in Tax
From India, New Delhi
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1From India, New Delhi
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D.A. is not an additional component of HRA. It is a component of your salary meant to neutralize the effect of the cost of living on your basic pay so that it will not be eroded against rising inflation. However, D.A., in my view, is treated as part of income for tax purposes.
Regards,
B. Saikumar
HR & Labour Law Consultant
Chipinbiz Consultancy Pvt. Ltd
Mumbai
Tel: [Phone Number Removed For Privacy Reasons]
From India, Mumbai
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Regards,
B. Saikumar
HR & Labour Law Consultant
Chipinbiz Consultancy Pvt. Ltd
Mumbai
Tel: [Phone Number Removed For Privacy Reasons]
From India, Mumbai
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HRA Calculation.xls