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hra exemption
upto how much amount hra is exempt.what are the rules
Replies (3)
The deduction available is the minimum of the following amounts:
- Actual HRA received
- 50% of [Basic salary + DA] for those living in metro cities (40% for non-metros)
- Actual rent paid less 10% of salary
Refer: hra_calculator
DA should be recognized
U can also refer Sec. 10 (13A) for HRA exemption.
U can also refer Sec. 10 (13A) for HRA exemption.
commission is also included in salary if fixed % of commission on turnover is given.
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