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Calculation of Basic Salary (Income Tax)

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This query is : Resolved

( Querist )
15 March 2010

I want to know how to calculate Basic Salary and HRA?My Gross Salary is 17,000/- per month and I am living in Hyderabad.I want to know Is Hyderabad comes under Metro or Non Metro cities.

CMA Ramesh Krishnan

( Expert )
16 March 2010

Hydrabad is Non metro .Basic Salary percentage is based on HR policy.some companies havving 30%,40%,50% ratios, and HRA 40%,or 50% of Basic generally companies are maintaining



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