HRA Calculation for Income Tax Return | Income Tax deduction kitna milta hai

HRA Calculation for Income Tax Return #creatorsweek ‪@Finance_Yogi‬ House Rent Allowance (HRA) is the allowance provided by an employer to their employee as a compensation for house rental expenses paid by the employee. It forms part of the salary paid by the employer to their employee. HOW IS EXEMPTION ON HRA CALCULATED ? The exemption on HRA is calculated as per 2A of Income Tax Rules. As per Rule 2A, the least of the following is exempted from salary under Section 10(13A) and does not form part of the taxable income. Actual HRA received from employer For those living in metro cities: 50% of (Basic salary + Dearness allowance) For those living in non-metro cities: 40% of (Basic salary + Dearness allowance) Actual rent paid minus 10% of (Basic salary + Dearness allowance) Follow👉 @finance_yogi_official for finance, marketing, companies,Startups, Brands. For Businesses Do Reach out - yogeshdevrale26@gmail.com - Turn on post Notification 📩 Follow us ✅✅ @finance_yogi_official ✅✅ @finance_yogi_official ✅✅ @finance_yogi_official ☑️☑️ @finance_yogi_official ----------------------------------------------------------------------------------- Disclaimer: All information on this page is for educational purpose only.Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made hra calculation income tax , income tax , income tax calculation , house rent allowance calculation in income tax , hra calculation , hra calculation in income tax , hra calculation income tax 2022 , hra calculation income tax in hindi , hra deduction in income tax , hra exemption for salaried employees , house rent allowance in income tax , hra calculation for central government employees , hra calculation income tax 2021 , calculation of hra in income tax , #hra #houserent #houserentallowance #incometax #hracalculation #hraformula #incometaxcalculation #hracalculator #hraforincometax #finance #financeyogi #financetips #savingmoneytips #savetax #incometaxsavings #investment #business #savehradio #rentallowance