The HRA is an important component of an employee's salary package in India, as it helps to offset the high cost of housing in many cities.In order to claim the HRA exemption, the employee must provide proof of the rent paid, such as a rent receipt, to the employer. The exact limit depends on the location of the employee's residence and the laws and regulations in India. In India, HRA is exempt from tax up to a certain limit.The HRA can be a fixed amount or a percentage of the basic pay, and it can be reviewed and adjusted periodically based on the employee's salary and housing costs. The amount of HRA received by an employee is based on the employee's basic pay, the city in which they live, and the terms of their employment contract. ![]() ![]() The HRA is a part of an employee's salary package and is paid in addition to the basic pay. It is a type of allowance provided to employees to help cover the cost of housing.
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