HRA Exemption: Using Bank Statement as Rent Proof

Rent Payment Proof Employers accept: 1. Rent receipts 2. Bank transfer proof 3. Rental agreement 4. Landlord PAN (if rent ₹1 lakh/year)

Bank Statement Shows Monthly rent transfers Landlord name/account Consistent payment dates Transaction references

HRA Calculation Lowest of: Actual HRA received Rent 10% of salary 50% of salary (metro) or 40% (non metro)

Extract rent payments from statement using StatementGPT for easy documentation.

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