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HRA calcualtions
can we consider Bangalore as a metro city for HRA calcualtion...
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Quick Summary
Yes ,just like kolkata..
Currently, as per the Income Tax provisions, only four cities in India (Delhi, Mumbai, Chennai and Kolkata) are considered to be metro cities and are allowed to have 50% of the basic salary as the House Rent Allowance (HRA).
Therefore, Bangalore not considered as metro city for HRA calculation.
Therefore, Bangalore not considered as metro city for HRA calculation.
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