📌House Rent Allowance (HRA) Exemption| FY 2024-25| #shorts #youtubeshorts #trending #shortvideo

House Rent Allowance (HRA) Exemption| FY 2024-25| #shorts #youtubeshorts #trending #shortvideo @cadeveshthakur

Welcome to @cadeveshthakur In this video, I’m breaking down everything you need to know about House Rent Allowance (HRA) Exemption under Section 10(13A) and Rule 2A for the financial year 2024-25 (AY 2025-26). Whether you’re a salaried individual or someone looking to maximize your tax savings, this video will guide you through the process of calculating HRA exemption step by step.

Here’s what we’ll cover:
✅ What is HRA Exemption?
✅ 3 Key Factors to Calculate HRA Exemption:

(i) Allowance actually received

(ii) Rent paid in excess of 10% of salary

(iii) 50% or 40% of salary (depending on your city of residence).

✅ Practical Example:

Detailed calculation for Mr. Sharma, who lives in Delhi, pays ₹15,000 monthly rent, and receives ₹14,000 as HRA.

How to determine the minimum of the three factors for maximum exemption.

✅ Important Notes:

50% of salary for metro cities (Mumbai, Kolkata, Delhi, Chennai).

40% of salary for non-metro cities.

📌 Key Highlights:

Learn how to calculate HRA exemption accurately.

Understand the factors that impact your HRA exemption: Salary, Rent Paid, and Place of Residence.

Save more on your taxes by optimizing your HRA claims.

If you found this video helpful, don’t forget to LIKE, SHARE, and SUBSCRIBE to @cadeveshthakur for more finance and tax-related content.

🔔 Turn on the notification bell to stay updated with my latest videos.

Drop your questions or thoughts in the comments below – I’d love to help you out!

#HRAExemption #Section10_13A #HouseRentAllowance #TaxSavings #FY2024_25 #CadeveshThakur #FinanceTips #TaxPlanning

Thanks for watching, and I’ll see you in the next video! 🎥

Remember, our community is more than just a channel—it’s a family. Let’s connect, learn, and grow together! Hit that Subscribe button, tap the notification bell, and let’s spread financial wisdom one click at a time. 🚀 Remember, knowledge empowers us all! Let’s learn together and navigate the complex world of finance with curiosity and diligence. Thank you for being part of the cadeveshthakur community! 🙌

Disclaimer: The content shared on this channel is purely for educational purposes. As a Chartered Accountant, I strive to provide accurate and insightful information related to GST, income tax, accounting, and tax planning. However, please note that the content should not be considered as professional advice or a substitute for personalized consultation.

If you found this video helpful, don’t forget to LIKE 👍, SHARE ↗️ it with your friends, and SUBSCRIBE 🔔 to my channel, cadeveshthakur, for regular updates on GST, accounting, finance, and the latest market insights.
✨ Press the Bell Icon 🔔 so you never miss an update and get notified the moment I upload a new video packed with valuable information just for you!
#viral #shortvideo #viralvideo #shortsvideo #shorts #youtubeshortsvideo #shortsyoutube #viralreels #viralshorts #viralshort #trending #cadeveshthakur #ytshorts #youtubeshorts #youtubeshorts

income tax slab 2024-25,income tax calculation 2024-25,income tax calculator,income tax calculation,income tax new regime 2024-25,income tax new regime,new income tax calculation 2024-25,how to calculate income tax 2024-25,new tax regime calculation,income tax new regime tamil,income tax new regime vs old regime malayalam,how to calculate income tax,income tax calculator 24-25,how to calculate income tax on salary 2024-25,old tax regime vs new tax regime 2024-25

Видео 📌House Rent Allowance (HRA) Exemption| FY 2024-25| #shorts #youtubeshorts #trending #shortvideo канала CA Devesh Thakur