There are certain conditions that should be met if a taxpayer wants to avail the benefits of HRA exemption. Let’s understand in depth who can avail the benefits of HRA exemption and how to calculate ...
This calculator by Indian government's Income Tax department enables calculation of taxable and exempt portion of HRA. Image: Income Tax and Reuters Income Tax Calculator: The current Financial Year ...
House Rent Allowance (HRA) is a part of income under the main salary. It is an amount that an employer pays to its employees to compensate for rent accommodation to live in the place of employment.
The House Rent Allowance (HRA) is a crucial component of your salary if you live in rented accommodation. Calculating HRA exemption can be tricky with changing laws and formulas. A valuable tool to ...