House Rent Allowance: Eligibility, benefits, tax implications, how to calculate HRA exemption and more queries answered | Business

House Rent Allowance: Eligibility, benefits, tax implications, how to calculate HRA exemption and more queries answered | Business

House rent allowance (HRA) is an essential part of the salary structure for employees. It is a portion of the salary that is paid to individuals and comes with specific tax benefits. Here are the key considerations and provisions regarding HRA and its implications from a tax perspective.HRA Eligibility An individual must be a salaried … Read more