Rent Allowance definition
Examples of Rent Allowance in a sentence
The components are as follows: House Rent Allowance, Leave Travel Allowance, Medical Allowance, Transport Allowance and Telephonic Allowance.
Promptly following the parties’ mutual agreement or the determination by the Arbitration Architect, as applicable, the parties shall enter into an amendment to this Lease confirming any revisions to the Rentable Area of the Leased Premises and all calculations in this Lease that are dependent thereon (e.g., Minimum Annual Rent, Allowance, etc.).
In reiteration of Clause 6 of the Bipartite Settlement dated 27th April 2010, ‘Pay’ for the purpose of Dearness Allowance, House Rent Allowance (HRA) and superannuation benefits including for contribution to National Pension System (NPS) shall mean Basic Pay, Stagnation increments, Special Pay, Graduation Pay, Professional Qualification Pay and Officiating Pay, if any.
House Rent Allowance not exceeding 50% of the basic salary per month.
Landlord and Tenant agree that provided the Original Building is otherwise Substantially Completed, a variance in the size of the Original Building (as the same may change due to any Original Change Order) by more or less than one percent (1%) shall be permitted and shall have no effect on the Original Building being Substantially Completed, nor on the calculation of the Original Basic Rent, Allowance or Financed Amount.
Will be in the pay scale of Rs. 4,791,670 per month to Rs. 11,698,400 per month including allowances such as House Rent Allowance, Leave Travel Allowance, Special Allowance, etc.
The components are as follows: House Rent Allowance, Leave Travel Allowance, Medical Allowance and Personal Allowance.
Landlord’s deferring Tenant’s obligation to pay Base Rent as set forth in this Section is the “Base Rent Allowance.” Except for the Base Rent Allowance as herein provided, Tenant shall use and occupy the Leased Premises pursuant to all of the other terms, covenants and conditions of this Lease, including the payment of all electricity charges in accordance with Article 9 of this Lease, and Base Year Operating Expenses in accordance with Section 5.5 of this Lease.
House Rent Allowance: This component is paid on a monthly basis and is taxable subject to the provisions of Indian Income Tax Act.
The components as follows are paid on a monthly basis: Monthly (INR) Annual (INR) Basic Salary: 53,333 640,000 House Rent Allowance: 21,333 256,000 Special Allowance: 52,267 627,200 PF Employer Contribution: 6,400 76,800 Base Salary (Inclusive of PF) 133,333 1,600,000 Variable pay: You are eligible for a targeted bonus potential of 10.00% of base salary, which will be pro-rated for this year.