HRA Exemption Rules and Calculation #hra #hrms #payrollmanagement #officeportal #payrollsoftware

HRA full form is House Rent Allowance. It is a part of your salary provided by the employer for the expenses incurred towards rented accommodation.
Best way to arrive the HRA Component-
*Annual CTC
*Basic is 50% of CTC
*HRA for Metros 50% of Basic
*HRA for Non- Metros 40% of Basic

OfficePortal Payroll Management with
-Salary templates, Payslip, Form 16
-Tax & TDS, ESI, EPF, Perquisites
-Loans, Expenses & Reimbursements
-Investment Declaration and Approval

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