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hra e xam
please clear House rent limit
Replies (1)
Lower of the following
1. Actual HRA received
2. Rent paid - 10% of Basic Salary
3. 50% of Basic salary (if the assessee lives in Metropolitan City)
40% of Basic Salary (if the assessee lives in. Other than Metropolitan City)
Current Metropolitan cities are - Mumbai, Kolkata, Chennai and Delhi.
Recently Hyderabad also included.
1. Actual HRA received
2. Rent paid - 10% of Basic Salary
3. 50% of Basic salary (if the assessee lives in Metropolitan City)
40% of Basic Salary (if the assessee lives in. Other than Metropolitan City)
Current Metropolitan cities are - Mumbai, Kolkata, Chennai and Delhi.
Recently Hyderabad also included.
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