? What is the taxability of House Rent allowance (HRA)?
By IndianMoney , 4 months ago
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.
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