Comments on: I recently moved to India. How much should my house rent be as a percentage of my CTC or basic salary?

By: deccaneer

deccaneer — Mon, 06 Apr 2009 23:19:07 +0000

20% is OK for tax exemption you are going to get, but if you are going for comfortable housing then you need to pay more in real terms assuming you get a salary of 500000 a year.Dobuling that salary, you get comfortable house at 20% of basic pay.

By: justbewatur

justbewatur — Sat, 04 Apr 2009 05:39:21 +0000

It should be around 21% of ur basic… So that ur whole amount is non taxable..

By: alister j

alister j — Thu, 02 Apr 2009 08:13:46 +0000

Around 30% of your basic salary