Dear All, I want to know about the house rent allowance. What maximum and minimum amount can be given to employees under house rent allowance ( % of Basic Pay) as per income tax rule? Regards, S.Shah
From India, Thana
From India, Thana
477
Good evening All,
Thanks Mahesh for knowing me house rent allowance tax exempted method.
any one please let me know the howmuch maximum amount of House rent allowance can be given to employee from employer.
one of my friend is getting HRA as per listed below.
BASIC (INCLUDING DA) 6900.00
HRA - 42% OF BASIC ( INCLUDING DA) - 2898
Please any one let me know, Can HRA Amount be calculated on (BASIC+DA) Or Only ( BASIC ) ?
There is no bifercation of Basic and DA.
Thanks
S.Shah
From India, Thana
Thanks Mahesh for knowing me house rent allowance tax exempted method.
any one please let me know the howmuch maximum amount of House rent allowance can be given to employee from employer.
one of my friend is getting HRA as per listed below.
BASIC (INCLUDING DA) 6900.00
HRA - 42% OF BASIC ( INCLUDING DA) - 2898
Please any one let me know, Can HRA Amount be calculated on (BASIC+DA) Or Only ( BASIC ) ?
There is no bifercation of Basic and DA.
Thanks
S.Shah
From India, Thana
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