https://www.taxtmi.com/manuals?id=3974 HRA exemption is the least of: actual HRA received; rent paid after deducting a fixed percentage of salary; or a salary-based allowance that is larger for specified metropolitan cities than for other locations. If no rent is paid, exemption is nil. This provides a formulaic computation to determine the tax-exempt portion of HRA within salary income. en-us Fri, 22 Dec 2023 12:25:00 +0530 Fri, 22 Dec 2023 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=3974 HRA exemption is the least of: actual HRA received; rent paid after deducting a fixed percentage of salary; or a salary-based allowance that is larger for specified metropolitan cities than for other locations. If no rent is paid, exemption is nil. This provides a formulaic computation to determine the tax-exempt portion of HRA within salary income. Manuals Income Tax Fri, 22 Dec 2023 12:25:00 +0530 https://www.taxtmi.com/manuals?id=3974