Basic salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2014 If the gross aslary is Rs. 1,00,000/-, upto what extent can we show basic and HRA? Is there any limit for Basic salary? Please help.

29 January 2014 For tax planning purposes, if you are in any of the four metro cities, then 50%. Else 40%


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