Gross salary 70000

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This discussion clarifies how house rent allowance (HRA) deductions are calculated based on a gross salary of £70,000 per month. The deduction amount is directly influenced by the actual rent paid. For example, if you pay £20,000 per month in rent, specific tax benefits can be claimed. A helpful calculator link is provided to assist with precise calculations.

ARUN GUPTA

ARUN GUPTA (Querist)

11 February 2022 My basic salary is Rs30000 and house rent allowance I get Rs15000/ per month. My special pay is Rs25000. Total gross salary is Rs70000/per month. How much deductions will i got for house rent allowance? Please explain in details?

rd sharma

rd sharma (Expert)

12 February 2022 Deduction will depend upon ,how much rent you are going to pay per month.

ARUN GUPTA

ARUN GUPTA (Querist)

12 February 2022 20000 per month we are paying

CA Puja Sharma

CA Puja Sharma (Expert)

12 February 2022 You can use this calculator for HRA deduction
https://incometaxindia.gov.in/Pages/tools/house-rent-allowance-calculator.aspx

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