Cla v/s hra

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Timir Palan (Querist)
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07 February 2013 I am unable to figure out which one is the best option:- whether to go for company house lease or HRA

Basic Pay 65000 p.m.
Rent paid 32000 p.m.
Perk (If opted for CLA) 2.7 Lacs p.a.
Tax bracket - 30%

Can anyone help me out with this

@VaibhavJ

@VaibhavJ (Expert)
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07 February 2013 Hey,

Go for HRA, is benefical to you..

Suppose your HRA is 40% 0f Basic = Rs.26,000 pm. & Rs. 3,12,000/- will be annual..

Of which Taxable HRA comes to Rs. 500 pm, Rs. 6000 pm.

So you will be getting exempt income of Rs. 3,06,000/-

Thanks!!

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