Hra exemption


This query is : Resolved 

Quick Summary
This discussion clarifies how to calculate HRA exemption, particularly concerning Basic Pay (BP), Grade Pay (GP), and Dearness Allowance (DA). It highlights the importance of checking company policy to determine if GP and DA are included in calculations, especially when dealing with arrears. The general advice is to use BP + GP + DA for the calculation, provided arrears are also considered.

25 February 2020 basic pay 5000
grade pay 2000
DA 1000
HRA Exemption calculation
arrear details
BP 3000
GP 2000
DA 5000
how to calculate HRA exemption
HRA Paid 60000
for calculation of HRA Exemption under rent paid excess of 10% of( BP+GP+DA) included arrear BP+GP+DA or not please suggest

25 February 2020 To calculate this , first you must know the company policy. Whether GP+DA form part of retirement benefits. I mean GP & GA considered for PF calculation then you can take. If arrears of BP,GP,DA not considered earlier then you may consider now.Else you must ignore barresrs portion

26 February 2020 you can take basic + grade pay + dearness allowance


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