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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



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