POSTED BY January 27, 2013 4:58 pm COMMENTS (2)
ONHi experts,
can you explain whether my salary at hand will be more in situation 1or 2 ?
numbers (all annual figures)
hra received 44600
situation 1) rent paid 30000
situation 2) rent paid 15000
basic+da 74600
metro yes
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Dear Sunny, the income ‘ll be higher in Situation 1. Expenses ‘ll also be higher due to higher rent is another thing.
Thanks
Ashal
Situation 1
Use this calculator to find out
http://elagaan.com/calculators/house-rent-allowance-hra-exemption-calculator