answersLogoWhite

0


Best Answer

If you live in a Rented House you are eligible for something called House Rent Allowance and this has tax benefits. If you check out your salary packageclosely, the will be something called "HRA" or "House Rent Allowance" that is part of your monthly salary along with other components like Basic Salary,Provident fund etc. If you dont have HRA as part of your salary, you need to discuss with the finance department of your office and make sure to allocate a decent chunk of your salary into the HRA Bucket.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the meaning of HRA?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is an HRA?

In India , HRA means House Rent Allowances


What is the full form of HRA?

House Rent Allowance - full form of HRA


What actors and actresses appeared in Hra - 2004?

The cast of Hra - 2004 includes: Kate Lipscombe


What is hra applicable in pathankot?

Yes, its applicable in all states/cities in India. As long as you receive HRA as a component in your salary and live in a rented house you can claim HRA tax benefits


What are the ratings and certificates for Hra s kameny - 1965?

Hra s kameny - 1965 is rated/received certificates of: Denmark:A (2003)


Salary under HRA it encompasses salary component only?

Yes. The HRA Component is also part of your overall salary package


What business entities are exempt from HRA's?

From an Indian Income Tax perspective, only Individuals can claim exemption under HRA not business entities


Can you claim HRA if you get rent reimbursement from company?

No you cannot. You need to be paying your house rent from your pocket if you want to claim HRA tax benefits


What is the abbreviation of hra?

House Rent Allowance


Can a HRA account be administered by the employer?

yes


What are the ratings and certificates for Hra o jablko - 1977?

Hra o jablko - 1977 is rated/received certificates of: Argentina:16 Finland:K-16


How do you pronounce the word Euphrates?

Eup-hra-tes