alexa

Search in Indianmoney's WealthPedia

User
? What is the taxability of House Rent allowance (HRA)?

By IndianMoney , 4 months ago

???The least amount among the following is tax exempt: (a) Total amount received as HRA (b) Rent paid Less 10% of salary + dearness allowance (c) 50% of basic salary and dearness allowance, if the person lives in a metro politan city. ?or 40% of basic salary and dearness allowance, if the person resides in a non metroppolitan city.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.