Tax deduction at source
This query is : Resolved
30 August 2011
i want to know.that how much house rent allowance.I can give to employee.and why
30 August 2011
I think you are asking about HRA Exemption.
Exemption of HRA will be available up to the the minimum of the following three options:
1)Actual house rent allowance received from your employer
2)Actual house rent paid by you minus 10% of your basic salary
3)50% of your basic salary if you live in a metro or 40% of your basic salary if you live in a non-metro
Exemption of HRA will be available up to the the minimum of the following three options:
1)Actual house rent allowance received from your employer
2)Actual house rent paid by you minus 10% of your basic salary
3)50% of your basic salary if you live in a metro or 40% of your basic salary if you live in a non-metro
30 August 2011
sir,it's the rule of exemption but i want know that ,
How Much HRA i can give to employee,
How Much HRA i can give to employee,
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