Is Bangalore a metro city for HRA?
No, Bangalore is not considered as a metro city for HRA as per Income Tax Act. Bangalore, also known as Bengaluru, is considered a metropolitan city in India.
However, the classification of cities for House Rent Allowance (HRA) purposes can vary based on employer policies and government regulations.
Bangalore is considered a Tier-I city due to its population, infrastructure, and economic significance. Many companies provide HRA to employees working in Tier-I cities, including Bangalore.
The current HRA given to employees in Bangalore is 40% of their basic salary.
If you have any doubts regarding your HRA, it's advisable to check with your employer or refer to the latest government guidelines. This is the HRA
calculation for Bangalore
.
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Is Bangalore a Metro City for HRA?
Shaifali Thakur
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11 months
2023-12-22T16:45:01+00:00 2023-12-22T16:45:02+00:00Comment
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