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Residential accommodation provided by the employer

Residential accommodation provided by the employer

Union or State Government Employees – The value of perquisite is the license fee as determined by the Govt. as reduced by the rent actually paid by the employee.

Non Government Employees – The value of perquisite is an amount equal to

(i) 15% of salary in cities having population exceeding 25 lakhs as per 2001 census;

(ii) 10% of salary in cities having population exceeding 10 lakhs but not exceeding 25 lakhs as per 2001 census; and

(iii) 7.5% of salary in any other place.

In case the accommodation provided is not owned by the employer, but is taken on lease or rent, then the value of the perquisite would be the actual amount of lease rent paid/payable by the employer or 15% of the salary, whichever is lower.

In both of above cases, the value of the perquisite would be reduced by the rent, if any, actually paid by / recovered from the employee.

Furnished Accommodation: The value would be the value of unfurnished accommodation as computed above, increased by 10% per annum of the cost of furniture(including TV/radio/refrigerator/AC/other gadgets). In case such furniture is hired from a third party, the value of unfurnished accommodation would be increased by the hire charges paid/payable by the employer. However, any payment recovered from the employee towards the above would be reduced from this amount.

Provided that nothing contained in this sub-rule shall apply to any accommodation provided to an employee working at a mining site or an on-shore oil exploration site or a project execution site, or a dam site or a power generation site or an off-shore site-

  • which, being of a temporary nature and having plinth area not exceeding 800 square feet, is located not less than eight kilometers away from the local limits of any municipality or a cantonment board; or
  • which is located in a remote area:

Residential accommodation provided by the employer

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