HRA Exemption Calculator
Calculate your HRA tax exemption and taxable HRA as per Income Tax rules.
How to Use
- 1
Enter basic salary
Type your monthly basic salary.
- 2
Enter HRA received
Type the HRA component in your salary.
- 3
Enter rent paid
Type the actual rent you pay per month.
- 4
Select city type
Choose metro (Delhi, Mumbai, Kolkata, Chennai) or non-metro city.
- 5
View HRA exemption
The tool calculates the HRA exemption under Section 10(13A) and your taxable HRA.
Frequently Asked Questions
HRA exemption is the minimum of three values: actual HRA received, rent paid minus 10% of basic salary, or 50% of basic salary (metro) / 40% (non-metro). This calculator computes all three and shows your maximum exemption.
No. HRA exemption requires you to be paying rent for your accommodation. If you live in your own house, you cannot claim HRA exemption but may claim home loan interest deductions instead.
No. HRA exemption under Section 10(13A) is available only under the old tax regime. If you opt for the new regime, you cannot claim this exemption.