Tag: House Rent Allowance

What is House Rent Allowance (HRA)? – Exemption, Deduction & Calculation

herohousinfinance 5 months ago in Other 0

House Rent Allowance (HRA) helps salaried employees reduce taxable income by offering exemptions on rent payments. The exemption is calculated based on actual rent, HRA received, and a percentage of salary. Self-employed individuals can use Section 80GG for rent deductions. Proper documentation is essential for claiming HRA benefits. Website URL: https://www.herohousingfinance.com/blog/knowledge-series-of-experts/what-is-house-rent-allowance Country List: India

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