How much HRA is CSIR JRF?

How much HRA is CSIR JRF?

In continuation of this Office Memorandum of even no dated 07-06-2019, I am directed to convey the approval of competent authority that HRA at revised rate of 8\%, 16\% and 24\% is allowed as per Govt. of India norms as applicable in the city/location where the CSIR Research Fellows are working”.

What is the scholarship amount for JRF?

INR 12,000 per year will be given for two years (JRF). INR 25,000 per annum for the remaining tenure (SRF).

How do you get a Jrf stipend?

The candidates who wish to receive financial assistance under UGC JRF scheme first need to appear in the UGC NET examination conducted twice a year and the candidates who qualify UGC NET become eligible for JRF allowance.

READ ALSO:   What transmission is in a 2002 Grand Am GT?

What is the long form of HRA?

HRA full form is House Rent Allowance. It is a part of your salary provided by the employer for the expenses incurred towards rented accommodation. You can claim HRA exemption only if you are residing in a rented house. HRA exemption is covered under Section 10(13A) along with rule 2A of the Income Tax Act, 1961.

How is Jrf awarded?

The JRF or JRF Junior Research Fellow is a letter awarded by the University Grants Commission (UGC) to the candidates who qualify in the National Eligibility Test securing marks equal/higher than the set cut off for JRF in the particular subject in which the candidate has given UGC NET Exam.

Is JRF a scientist?

Medical Benefits: The JRF, SRF, Research Associates and Research Scientists will be allowed medical benefits, as per rule of the institution where they are working….Junior Research Fellow (JRF) / Senior Research Fellow (SRF)

Sl. No. Levels in the Pay matrix (as per VII CPC)
3. Level 12
READ ALSO:   Does Nepal claim Darjeeling?

How do I claim HRA in Grant in aid?

So, you need to find out from your Institute the HRA percentage, calculate and enter that in the column provided in the Grant-in-aid Claim Bill format. In the covering letter, include a line saying that you have not been given free accommodation by the host Institute, so you are claiming HRA.

What is the HRA amount under income tax?

HRA is a key component of the salary and is taxable under the Income Tax Act. The employer should provide HRA, apart from basic salary and dearness allowance, to suffice the rented housing or accommodation expenses of the employee. The HRA amount also helps an individual save on their tax outgo.

How to claim HRA while filing ITR?

As you know, for claiming HRA, you have to submit an income declaration form i.e. Form 12BB to your employer. But in case, if you could not furnish the required details in Form 12BB then the last resort is claiming it while filing the ITR.

READ ALSO:   Are private prisons funded by the government?

Is it difficult to claim HRA without rent documents?

But the process can be troublesome for those people who do not have these documents handy. In case you do not have the rent documents available, you can still claim HRA benefit by manually submitting the eligible HRA amount which is tax-exempted.