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WebFeb 2, 2024 · For example, an individual who has been a Pag-IBIG member for 24 months can only loan ₱2,880. The computation is as follows: 24 months (total Pag-IBIG membership contribution) x ₱200 (monthly contribution) x .60 The amount you can loan increases as your monthly contributions increase, and so does the loan factor. WebApr 10, 2024 · To calculate the HRA exemption, follow the formula prescribed by the Income Tax Department. The formula says that the exemption should be the lowest of the following amounts: Actual HRA received. Actual rent per month minus 10% of basic monthly salary, or. 50% of basic salary (40% in case of non-metro residents) flying back to uk form
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