A salaried employees' compensation often consists of several c | Finlight

A salaried employees' compensation often consists of several components, including basic pay, allowances for various purposes such as housing, travel, and health, etc

Understanding salary structures is important not only for financial reasons, but also for tax purposes. House rent allowance, commonly abbreviated as HRA, is one such component of a salary.

This video will show you how to figure out how much of your HRA is taxable, how much you can claim, and how much is tax-free.