What is the maximum eligible HRA by using hra calculator income tax?

Introduction One of the significant components of an employee’s salary is the House Rent Allowance (HRA). Understanding how to maximize your HRA benefit can lead to substantial savings on your income tax. In this blog, we will explore the concept of HRA and how you can utilize an HRA calculator to determine the maximum eligible amount. Understanding HRA House Rent Allowance (HRA) is a component of an employee’s salary provided by the employer to meet the cost of renting a residential accommodation. The HRA can be partially or fully exempted from income tax, subject to certain conditions. To determine the […]