Hello Seniors, I am currently studying HR through correspondence and need your help on a topic I am confused about. Can the HRA be any percentage of the basic/gross salary? I mean, can an employer pay, say, 10% or maybe 15% of the gross salary as HRA, or does it have to be a minimum of 40% of the basic pay for non-metros and 50% for metros? I am so confused about this, so please help. Hoping for a reply soon.
From India, Indore
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1From India, Indore
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Dear Kumar, HRA is 40% of basic for non metro cities. 50% of basic for metro cities For any clarification feel free to write or discuss.
From India, Mumbai
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From India, Mumbai
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Gross Salary(1).xls