List of metro cities in india for hra
Web19 jul. 2024 · "HRA is currently paid @ 30% for X (population of 50 lakh & above), 20% for Y (5 to 50 lakh) and 10% for Z (below 5 lakh) category of cities. 7th CPC has recommended reduction in the existing rates to 24 percent for X, 16 percent for Y and 8 percent for Z category of cities," the government said in a statement. WebChennai, New Delhi, Kolkata, and Mumbai were classified as A-1 cities. City statuses were later revised based on the results of the 2001 Census of India. Hyderabad was upgraded from A to A-1 status on 31 August 2007, and the same with Bangalore on 21 September 2007. The CCA classification was abolished in 2008.
List of metro cities in india for hra
Did you know?
Web29 jun. 2024 · So the limit is the least of the following amounts: i) Amount of HRA actually received. ii) Amount of rent paid over 10% of your salary. iii) 50% of your salary in case the accommodation is in the four metro cities, or else, 40% of your salary. For the purpose of HRA claim, salary will include the basic salary and the dearness allowance only. Web2 jun. 2015 · Following Office Memorandums have been referred for Compiling the list of Classification Cities for the purpose of HRA. Classification of cities for HRA-Special Dispensation for certain cites. 2(13)/2008-E.II(B) 04.03.2011. Reclassification cities for grant of HRA. 2(13)/2008-E.II(B) 7.1.2009. Grant of House Rent Allowance and …
Web29 mrt. 2024 · X Class Cities for HRA Ahmedabad (UA) Bengaluru (UA) Chennai (UA) Delhi (UA) Mumbai (UA) Hyderabad (UA) Kolkata (UA) Pune (UA) Y Class Cities for HRA Vijayawada (UA) Warangal (UA) Greater Visakhapatnam (M.Corpn) Guntur (UA) Nellore (UA) Guwahati (UA) Chandigarh (UA) S.A.S. Nagar Mohali Durg-Bhilai Nagar (UA) … Web15 feb. 2024 · The House Rent Allowance (HRA) differs from one city to another. If you live in a metro city, namely Mumbai, Delhi, Chennai or Kolkata, you can claim up to 50% of HRA as tax deduction, while if you live elsewhere, you can claim up to 40% of HRA as tax deduction. Since HRA is meant to provide for the cost of your rented accommodation, …
Web7 jan. 2024 · Minimum HRA Rs. 1,800 at the rate of 10%. The revised rates of HRA will not be less than Rs.5400 for X Class cities, Rs. 3600 for Y Class cities and Rs. 1800 for Z class cities. The below table denotes the minimum amount of HRA for pay level 1, pay level 2, and pay level 3. HRA Calculation with minimum pay of all levels in Pay Matrix. WebCurrently, the list of metro cities considered for HRA calculation includes only four cities – New Delhi, Mumbai, Kolkata and Chennai. However, in the last few years, the house rent in several other cities like Bengaluru, Hyderabad, Pune, Noida, Gurugram etc. have gone up as much as the metro cities. What is metro city HRA exemption?
Web26 dec. 2024 · Method of calculating deduction of HRA (House Rent Allowance), minimum of the following are exempted: Actual HRA Received. 40%/ 50% of [Basic salary + DA forming part of Salary*] {40% in case of Non-Metropolitan cities and 50% in case of Metropolitan Cities} Actual Rent paid (minus) 10% of Basic Salary + DA.
WebIf you receive the City Compensatory Allowance, it is fully taxable at the applicable tax rates. Similarities and Differences between HRA, DA and CCA in Salary. The salary structure has many components. Most people find it hard to differentiate between the CCA or City Compensatory Allowance, HRA or House Rent Allowance and DA or Dearness Allowance. list of all pokemon go special field researchWebHRA exemption calculation is different for Metro and Non Metro cities. Currently only Delhi, Mumbai, Chennai and Kolkata are considered Metro cities. Other major cities such as Pune, Bangalore, Hyderabad which have considerable amount of employed people who stay in rented homes are not in Metro city list. images of keith raniereWeb22 jan. 2024 · These eight cities are considered India’s “metros”. Current classification. Under the recommendation of the Seventh Central Pay Commission, the CCA classification was abolished in 2008. The earlier HRA classification of cities was changed from A-1 to X; A, B-1, and B-2 to Y; and C and unclassified cities to Z. X, Y, and Z are more ... list of all pokemon names onlyWeb20 rijen · HRA and Cities Classification as per Fifth CPC : Download (259.41 KB) 10/03/1997: Delegation of powers to Administrative Ministries/Departments for continued grant of HRA/CCA to Central Government Employees. Download (381.43 KB) 12/01/1989: F2 20-EII B/67 : Grant of Compensatory City and House Rent Allowance : Download … images of kelli giddishWeb26 jan. 2024 · The cities include Bengaluru, Hyderabad, Pune, Ahmedabad, Jaipur, Noida, Gurgaon. These cities can be included in metro cities and additional HRA exemption benefits can be given to those... images of kefalos kosWeb10 jan. 2024 · Tulika Tandon Updated: Jan 10, 2024 11:51 IST. Tier 1,2,3 cities. Cities in India have been classified into Tier 1, 2 and 3 categories. The most developed ones are called tier 1 and the ... list of all pokemon + picturesWebGurgaon, Faridabad, Ghaziabad and Noida are not consider as Metro Cities while filling for HRA, whereas Rental in these cities are 30%-40% higher as compared to Delhi. We would like to request our Honorable Finance Minister to Include NCR cities as Metro Cities for HRA Exemption effective FY 2024-21. list of all pokemon that can gigantamax