For the salary calculation of a central government employee, their basic pay, dearness allowance (DA), house rent allowance ...
I f you live in a rented house and your salary does not include HRA i.e. House Rent Allowance, then there is no need to worry. Under Section 80GG of the Income Tax Act, you can claim tax exemption ...
For a Class Z city, it can be a 8 per cent of the basic pay with a minimum of Rs 1,800 per month. We will calculate the total salary for pay bands of Rs 22,100, 41,100 (Level 1), Rs 30,200, Rs 50,000 ...
If you live in a rented house and receive HRA as part of your salary, you can claim an exemption under Section 10(13A), subject to specified limits. Home Loan Interest Deduction A deduction of up ...