Hello Seniors. I am currently studying HR through correspondence and need your help on a topic I am confused about.
Can the HRA be any percent of the basic/gross salary? I mean can an employer pay say 10% or maybe 15% of the gross salary as HRA or does it have to be a minimum of 40 percent of basic pay for non-metros and 50 percent for metros.
I am so confused on this so please help. Hoping for a reply soon.
From India, Indore
1Can the HRA be any percent of the basic/gross salary? I mean can an employer pay say 10% or maybe 15% of the gross salary as HRA or does it have to be a minimum of 40 percent of basic pay for non-metros and 50 percent for metros.
I am so confused on this so please help. Hoping for a reply soon.
From India, Indore
Dear Kumar, HRA is 40% of basic for non metro cities. 50% of basic for metro cities For any clarification feel free to write or discuss.
From India, Mumbai
From India, Mumbai
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