How to Calculate HRA Income Tax Exemption? According to section 10 (13A) of Income Tax Act, 1961 read with rule 2A of Income Tax Rules, least of following three is exempt from tax: 1. Actual HRA received 2. Rent paid in excess of 10% of salary (Basic + DA) 3. 40% of salary (50% if […]
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Posts tagged with 'HRA'
House Rent Allowance (HRA) Calculator for Calculating HRA Income tax on salary
House Rent Allowance (HRA) Calculator in excel format for Calculating HRA Income tax on salary. Click Here To Download hra_calculator
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