Regarding h.r.a. calculation
This query is : Resolved
21 February 2013
Dear Experts ,
my Total basic salary is 3,98,880.00p.a.
how to calculate H.R.A
my Total basic salary is 3,98,880.00p.a.
how to calculate H.R.A
21 February 2013
I assume you are asking about the procedure to calculate HRA exemption.
Calculate the following -
1. 40% of basic salary and Dearness Allowance.
2. Rent Paid - 10% of Basic and DA
3. Actual HRA received.
Least of above is exempt.
Calculate the following -
1. 40% of basic salary and Dearness Allowance.
2. Rent Paid - 10% of Basic and DA
3. Actual HRA received.
Least of above is exempt.
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