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HRA – not a right to an employee

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November 8, 2012 at 4:20 am #75183

Anonymous
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Actually I think the difference between I.A.S. couples and sub-ordinate couples in regard to House sent allowance is non-democratic..

November 8, 2012 at 4:02 pm #75191

Anonymous
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Service of IAS officers are governed by All India Service Rules which have some different provisions compared to normal State Govt. Rules.

November 14, 2012 at 5:28 am #75294

Anonymous
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Friends,
We all know that there are three provisions in regard to the exemption of HRA form Income Tax, the least of which is allowed:
(1) the actual amount of HRA received
(2) rent paid in excess of 10% of the salary
(3) 40% of salary or 50% of salary (in case of residence in Mumbai, Kolkata, Delhi or Chennai).
My question is: What are the implications of provisions (2) & (3)? What do they signify?
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