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Your queries on LTA, HRA answered!   

May 3, 2005 ... Will there be any tax on the HRA I get? - Nayab Saiyed ... 2007 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback....

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HRA rule shld be chaged as 40% of the basic shld be allowed as HRA exemption. ... The income tax slabs for the middle class salaried needs to be relaxed. ......

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If your HRA benefits are greater than loss from house property , you should ... The tax slabs have been liberally changed in favour of the salaried class. ......

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And for 'C & D' class city HRA must be 10% of basic which must not be less than Rs.3500/-. Otherwise under option 2] the employees who are paying income tax ......