What is the House Rent Allowance's (HRA) taxability?
At least one of the following is exempt (not taxable or subtracted) from the total HRA received.
(A) Rent paid less 10% of (BP+DA)
B(i)) 40% of the (BP+DA) for Non Metro cities
B(ii) 50% of the (BP+DA) for Metro cities
C) The actual HRA received.
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