How to calculate House Rent Allowance(HRA) income tax exemption | HRA | Income tax in Tamil

[@silambarasans2028]

Video super bro. Content explaination also neat and good.

[@jayraj4768]

Sooper thalaiva... Ni sonathu avalo clear eh iruku... Love ur stuffss

[@micheallourdu213]

மிக அருமையான எடுத்துக்காட்டு நன்றிகள்.....

[@Karthik1995]

Vera level explanation... It will be very helpful for first time tax payers...

[@vengateshm2122]

Thanks a million! Superb explanation!

[@revsen6405]

Clearly explained.. thank u

[@akashkumar-eq9sv]

Sir thanks this video helps for my interview preparation 👍

[@thinkingtamizha007]

Good luck for your interview!!

[@jaisrivaradharaj]

Thanks a lot for u very clear explanation.. 😃

[@prasathaps]

Excellent video sir... with clear examples.....

[@sakthivelsubramaniam2949]

Super Explanation.

[@srimeganth1155]

Flexi Benefits allowance pathi pesunga. Athukum taxable salary calculation kum ulla relation Enanu solunga

[@athipathys5466]

அருமையான பதிவு மிக்க நன்றி

[@ebenezarm4306]

Wow !! Nice explanation :)

[@ramakrishnanm5817]

Very useful thank you

[@thirulochand1044]

Bro 50%basic pay apporom DA eppadi calculate pandradhu

[@amaravathik9614]

thank u for the clear explanation

[@nestwhatnext8793]

Sir Good evening.... super explanation...i have one doubt...HRA Rs.8000 but rent 6500...then how to calculate that Sir....

[@johnk2968]

அண்ணே அருமை...

[@sureshbalu6548]

Hi, what if employee have 2 form 16 and two HRA amount deducted. In this case how to claim HRA amount

[@Rajeshkumar-gy5yk]

Lots of awareness 👍🙌

[@vinothbalaji3274]

Thanks for information

[@venkatesank4867]

sir i missed rent in form 16 how to claim now without revenue stamp house owner signature is this acceptable rent per year below 1000000 only kindly reply

[@TKPadmaRao]

super explanation

[@JoshvaP]

Superb explanation

[@saranyamathivanan8647]

Hi sir monthly salary la tax pidichikiranga then how to calculate income tax please explain

[@rajarajendran5557]

thanks for the video bro

[@Rajeshkumar-gy5yk]

Very informative bro

[@streeteater6087]

Thank you my friend

[@srirams3423]

Thank you so much for your effort and cristal clear examples. i have one doubt, now i'm living in lease agreement, can i fill my itdf (income tax declaration form) as my rent is 8,000 and for annual 96000? if the ask me rent agreement what i ll do? can i sumbit them lease agreement?

[@tamil0777]

Really helpful content, can u pls make a video on fixed deposit for tax exemption

[@rohithfelix3461]

Hi sir, how much we can extempt in HRA without the landlord's pan and address details. Because, my landlord is not willing to provide his pan details. Any suggestions on this?

[@skviknesh]

Dearness allowance na enna bro? Most of the salary slips la athu irukkarthillaye... DA ku vera ethachum Peru irukkungala?

[@thinkingtamizha007]

Dearness allowance is given generally to govt and PSU employees. This is to balance inflation. As you said private companies dont give as there is year or year increment

[@jeniflorance6029]

@@thinkingtamizha007 so for private employees DA will be zero?

[@aksharasri8921]

@@jeniflorance6029 yes I think so

[@jaganvichu]

I need one help bro.. nanga sontha vitula erukom Hana enaku HRA 23k kita varuthu so Nan fake ha document submit pani kamaku kamika mudiyuma ? HRA 2,75,000 about varuthu.

[@silambarasans2028]

Bro, post office schemes pathi video pannunga like PLI, RPLI, MONTHLY INCOME SCHEME, etc

[@karthikd2613]

Please explain leave encashment exemption

[@anil1139]

How much amount maximum we can claim for HRA exemption with all set of doc.

[@thinkingtamizha007]

No limits!! Only these rules mentioned in video. But if you are paying more than Rs 50 k, you need to deduct tds for your landlord

[@anil1139]

@@thinkingtamizha007 thanks for info.

[@anjali8545]

Own house available but i stay rent house tax deduction less pannalama sir

[@santoshsengunther6974]

Is it OK if we don't have rent agreement photo copy?

[@kanchanadeviselvaraj7492]

How to claim exemption for medical bills(pharmacy bills) and what is the maximum limit??

[@thinkingtamizha007]

That provision of domicillary medical expenses is not there anymore. instead they have introduced 50k standard deduction

[@shekarn5379]

Hi , I paid 8500 as rent from Aug 2022 till now (jan 2023) so its coming to 8500 x 6 = 51000. But actually 8500 x 12 = 102000. Can I claim, as annually its above 1 lakh or we can claim only if I have paid above 1 lakh. Thank you

[@harigokul4450]

Thanks for the informative content! Have u upload the video about Section 80GG?

[@streeteater6087]

for 80 gg maximum HRA limit is 60000

[@Arunkumar-gp4ii]

Nice video bro 👏👏👏... Enaku Dearness allowance nu ethuvum list pannala ennoda salary slip..... I have basic, personal pay, medical, leave travel, special allowance only.... In the formula, instead of DA I should put zero or any other allowance listed above????

[@thinkingtamizha007]

Then consider only Basic

[@Arunkumar-gp4ii]

Thanks for the reply bro......

[@kalanidhi3269]

Super awesome one

[@ganeshmandapati4799]

Hi, Can we claim HRA if we live in Zolo stays or PG's. What is the process for that??

[@sugumaransivaraman2116]

Sir Hra is 10000/ m.living in own house. How hra calculated Exemption is only rented persons? What about own housers

[@abipiriyakumar2917]

I given for 96 thousand shall i change this to 1.50 lakh now in final declaration

[@santhoshkrishna1035]

What if I live in my own house and get HRA component in my salary

[@subramaniamkuppan25]

I am retired Railway employee. I living in a rented house from 01.07.2021 to till date .how can i get deduction for amount paid as rent. Pl

[@arunganesansivakumar4397]

Sir Maintanance charges to flat along with rent explain panunga

[@thinkingtamizha007]

Maintenance is not part of rent.. so no exemption

[@5aneemat]

Hello, I want to know, I have bought my house and I am staying in it. I have monthly loan and interest being paid. Can I get any HRA tax rebate?

[@bbbccc166]

Super...

[@karthiksomu9788]

Hi,rental agreement most of the owners kudukamatanga rural areala..suppose in case house rent is 5000 rs per month na athuku kuda agreement and reciept copy venuma

[@thinkingtamizha007]

Depends on employer. Some dont ask

[@abhishekm1361]

Can we claim HRA if I pay rent in cash to my owner?

[@thinkingtamizha007]

Yes.. as long as you have valid receipt, rent agreement and owner’s pan no.

[@TheGowshikan]

@@thinkingtamizha007 bro how to submit owner pan no while providing proof..? i have always submitted less than 1 lakh so i didnt required,but now im paying higher,so not sure how to submit it

[@praveenversatus9213]

Hi, I understood the concept clearly with your explanation about tax redemption method. Is it possible to claim both HRA and Housing loan principle /interest. Is it so whether I need to update that as self occupied or given for rental in declaration. Kindly guide

[@thinkingtamizha007]

You can claim HRA and interest benefit of homeloan if you are staying in a rented property and paying rents monthly/quarterly with an agreement. The property for which you can claim housing loan interest can be another property where you are not living.

[@dineshsasi7]

What if DA not included in my payslip then can we consider only Basic Salary??

[@thinkingtamizha007]

Yes. Only basic.

[@vinupa]

Can we claim HRA exemption if I had paid rent only for February and march month in that financial year ? Example , I recieved HRA allowances, but I started living in rent house from Feb 2021 onwards. So that means, I paid rent only for Feb and March in that FY. Can I claim HRA exemption ?

[@thinkingtamizha007]

Only for feb and march.. as per hra rules exemption can be claimed

[@venkadeshrajan]

What if option 3 gives a negative figure ..? Which is to be considered among 1,2,3

[@thinkingtamizha007]

Then no exemption

[@vijeandran]

super video

[@shivakarthickrajashekarr6648]

Bro..... suddenly my account la 50 crores vantha ...nan epidi it fill panrathu

[@ekambarampachaiyappan3181]

Varathu vanthalum marubadiyum pudippanga

[@venkatramang6731]

Useful

[@gowthamdeva5097]

PPF vs ELSS vs Other tax savings fund pathi videos podunga bro.

[@thinkingtamizha007]

Sure

[@TheVijaym8787]

Entha month oda rent slip kudukanum

[@ekambarampachaiyappan3181]

April

[@vinothpandarinathan5287]

Hi bro, In your example - Karthik rent amount is 10k, but lets say he is submitting the (modified) rent receipt for 15k, he can claim the full HRA exemption rite? does IT dept reconciles the tenant 'Rent receipt' (15k) and owner 'Income from other sources' (10k) ? not a straight forward question, but curious to know this reconciliation between tenant doc and owner doc

[@thinkingtamizha007]

That is illegal and must not do it.

[@aravindh9846]

If there is no DA in salary payslip means we need to consider the DA as 0?

[@thinkingtamizha007]

Yes. Only basic

[@shivakarthickrajashekarr6648]

TDS and cess sollunga bro

[@mhemanthkmr]

PG la stay panna atha rent aa calculate panna mudiyumma ?

[@thinkingtamizha007]

Yes. Need to have rent receipt, rent agreement and landlord PAN number. Pan number only if rent is more than 1 L per year.

[@Star-rq3jd]

Thanks

[@mohanrajt3629]

Hi Bro, well explained. Hats off to your effort. Can we consider the incentive amount in basic salary. Basic + incentive. (Is incentive considered same like commission?). Is Bangalore considered as Metro city for tax purposes?

[@thinkingtamizha007]

Thanks for your kind words. To answer your questions 1) Incentive, i assume is a variable pay. So it will not be considered under basic. 2) As far as I know Bangalore is not considered a metro for HRA purposes. Your employer will know the latest updates

[@mohanrajt3629]

@@thinkingtamizha007 Thank you so much...

[@rajakaleeswaranr9939]

@@thinkingtamizha007 Hi bro one doubt I need your mail id to clarify my all doubts regarding IT and HRA ..can you please share yur I'd bro

[@thinkingtamizha007]

@@rajakaleeswaranr9939 Post your questions in comments section only

[@prembuddy]

Put video for easy itr filing by self

[@thinkingtamizha007]

Content is being created. Will post shortly

[@User-vs1rc]

I have invested in ppf for 50000 and income 6.5lacs. No other 80c. My fd interest is 5000. Tds 27000 deducted. Any ways to get any amount as refund? Will this fd interest added to income6.5+5000==6.55lac minus 50000 will be taxed 20percent?

[@thinkingtamizha007]

Do you pay house rent? Any health insurance? Epf ??

[@thinkingtamizha007]

kzbin.info/www/bejne/f57QpHmarZecoM0 This video will give answers to all your questions

[@vinothkv25]

LTA video please

[@sathamhussain5319]

சுயதொழில் செயபவர்கள் எப்படி கணக்கிடுவது House owner பில் கொடுக்கலனா

[@hariharanhariharan7767]

Nan yearly 5,00,000 mela salary vanguran. Enaku tax deduct ava nan ethula invest pannum. Evalo amount pannum nu konjam detail ah podungalen. Ex: ppf open pandran na nan evalo amount monthly kattuna nalla irukum konjam sollunga brother.

[@thinkingtamizha007]

Watch this video brother - kzbin.info/www/bejne/e4q3fmaApcZ-hrc it will tell all the options available

[@freemind9188]

Bro nan quarters la erukurathunala HRA taravilai, but my wife stay in rent. Enaku eligible eruka?

[@thinkingtamizha007]

Illai bro

[@venkatesh2285]

Appadi partha evan venumalum hra claim pannuva pola ivan than landlord nu PAN card misuse pannuvanga pola

[@TheGowshikan]

when a pan card is used, andha pan card oda taxes la ithu add aagum as a revenue(unless that pan card has no higher income already) then andha pan card ku vara taxes la ithu income ah consider aagi adhuku tax pdiipanga

[@yogeecr5677]

Bro DA allowance nu onenu ila bro payslip

[@thinkingtamizha007]

Then its only basic

[@shivavijay1005]

Hi Brother Actually I am an consultant employee in a private organisation, company is deducting 10% TDS on my monthly salary/payment. How should I calculate HRA and income tax? How to get return of my TDS which is deducted by the company. Kindly give a solution on the above request....

[@thinkingtamizha007]

Watch our income tax video series - kzbin.info/www/bejne/raXVmpSdmthggbM Complete details on 80C: kzbin.info/www/bejne/e4q3fmaApcZ-hrc Section 80 C full details A) Guaranteed Return - Low Risk Investments 1. Employee Provident Fund (EPF) - kzbin.info/www/bejne/iKTPiWRpaZl1nMU 2. Public Provident Fund (PPF) - kzbin.info/www/bejne/f2q4hYVpoKdjZ7s 3. Sukanya Samriddhi Yojana - kzbin.info/www/bejne/laS3mXyGqcSWpcU B) Market linked - Moderate Risk Investments 7. National Pension System (NPS) - kzbin.info/www/bejne/iIemY52QjdymmrM 8. Equity Linked Savings Scheme (ELSS) - kzbin.info/www/bejne/b6bTi4avhdFjrNU 9. Infrastructure Investments C) Insurance linked Products 10. Term Life Insurance 11. Life Insurance Endowment Plans - kzbin.info/www/bejne/an-kp5yIh7Safac 12. Unit Linked Insurance Schemes (ULIP) - kzbin.info/www/bejne/an-kp5yIh7Safac Watch Sharemarket for beginners series: kzbin.info/www/bejne/r6bFopaie9umopo Subscribe to our channel: kzbin.info/door/KRoPe88rn7xeal8ubZ0tFw

[@cutiepie-sc1ql]

You do any personal consultations or do you know anyone who can help

[@thinkingtamizha007]

We dont do any personal consultations. Thank you.

[@SandeepSingh-uf4qp]

good. but if you make in English that will be super.

[@thinkingtamizha007]

kzbin.info/www/bejne/oYXIXmiCa56KZpY This is our english channel. Hope this is helpful to you

[@ram_2211]

Sir, rent amount ku edhachum limit irukka?

[@TheGowshikan]

min amount of the 3 can be any amount - max 1.32 lakhs only will be expemted at the most i think

[@ram_2211]

@@TheGowshikan you mean per month 1.32L right?

[@TheGowshikan]

@@ram_2211 no annually,but im not sure exactly

[@Astrokumar65]

Sir, என்னுடைய சொந்தவீட்டை என்னுடைய திருமணம் ஆகாத பெண் வாடகைக்கு எடுத்து கொண்டு, அதை income tax ல் use பண்ணலாமா.

[@thinkingtamizha007]

kzbin.info/www/bejne/o4u4hWZoatyMbZo - This video will answer your question

[@RameshKumar-sz6pv]

One doubt, In example-2...Why we need to consider 50 or 40 % of Basic Pay, because we are using only (HRA PAID by Employeer) and (minus 10 % of Salary) right?

[@RameshKumar-sz6pv]

I got it...because they use only LOWEST of all 3 possibilities right??

[@thinkingtamizha007]

Yes.. lowest of 3.. a) actual hra, b) 40 or 50% of basic, c) rent paid minus 10% of basic

[@Rameshkumar-tn3wp]

@@thinkingtamizha007 Thanks bro

[@gowthammurali1224]

Is lease agreement applicable for HRA exemption...

[@thinkingtamizha007]

Dont understand your question

[@gowthammurali1224]

@@thinkingtamizha007 sorry, is home lease aggrement applicable for tax reduction ? For example in an city i own a house for 4 lakhs rs lease..not paying monthly rent.

[@thinkingtamizha007]

Is there any non refundable cash outflow to the house owner?

[@gowthammurali1224]

@@thinkingtamizha007 while leaving they will have only white wash money around 10000 ..after 2 years.

[@thinkingtamizha007]

@@gowthammurali1224 HRA exemption wont be applicable in this case as there is no payment(ie. cash outflow) in the form of rent.

[@RahulSharma-ro3dv]

Kuch samajh nahi aaya bhai sahab !

[@thinkingtamizha007]

kzbin.info/www/bejne/oYXIXmiCa56KZpY our English video

[@Anonymous.694]

Plz Explain in English

[@thinkingtamizha007]

kzbin.info/www/bejne/oYXIXmiCa56KZpY Our English video. We have most of our videos in English as well. Hope this helps

[@Anonymous.694]

@@thinkingtamizha007 can I get your mobile number, I have 1 doubt..

[@thinkingtamizha007]

@@Anonymous.694 Pls post your question in comment box. We wont be able to share any contact details

[@Anonymous.694]

@@thinkingtamizha007 ok.. Doubt no 1: In my offer letter HRA has shown as 1,92,500, but my actual yearly rent is 96000, so in this case which amount is under tax exemption? 192500 or 96000? Doubt no 2: If someone used someone's PAN number to claim HRA exemption for above 8333 rent, without informing to that person. what is the impact suppose his income is below 5lac per anum?

[@thinkingtamizha007]

@@Anonymous.694 1. It is least of following three - a) HRA paid, b) 50% of Basic, c) Actual rent paid minus 10% of Basic. We have explained this clearly in the videos(refer to english video in link above) 2. This is wrong and illegal. There will be consequences to both. Must not do such things.

[@anjali8545]

sir kindly share your number i will ask doubt about HRA calculate

[@thinkingtamizha007]

Post your question here. We dont do personal consultations.

[@saranyamathivanan8647]

Hi sir monthly salary la tax pidichikiranga then how to calculate income tax please explain