what is HRA ? How will calculated ?

Answer Posted / guruprasad

HRA Means "House Rent Allowances"

1. Actual HRA received from the organization
2. Rent Paid for the year minus 10% of Basic
3. 40% of Basic Salary

it should be calculated by the minimum value of above 3 points.

Is This Answer Correct ?    75 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

central excise all question

2142


What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?

2322


What is the purpose of meeting in audit?

713


Why do you want to work in audit?

788


How I can evaluate the internal control audit?

739






What are the reasons for getting audited?

620


What is the difference between internal audit and statutory audit?

672


What should the internal auditor?

622


How can scope of internal audit help you?

699


for how much loan a borrower has to submit QIS

1331


Explain about cross functional audits?

1965


What are documents need to vouch while doing sales vauching?

1006


Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.

1012


what is the difference you can make by doing your course in the country of your choice

1934


What do you know about KPMG?

4254