HRA Exemption Calculator
💡 What is HRA Exemption?
House Rent Allowance (HRA) is a crucial part of your salary that offers tax benefits if you live in rented accommodation. Section 10(13A) of the Income Tax Act allows salaried employees to claim HRA exemption in old income tax regime, which helps reduce taxable income.
But calculating your exact exemption can be tricky. That’s where this simple, accurate HRA Exemption Calculator comes in.
✅ Use the HRA Calculator
Use our interactive HRA Calculator below to instantly find out how much exemption you can claim based on your:
- Basic Salary
- Actual HRA Received
- Rent Paid
- City Type (Metro or Non-Metro)
👉 Use HRA Exemption Calculator Now
🧮 How is HRA Exemption Calculated?
As per income tax rules, the least of the following three amounts is allowed as HRA exemption:
- Actual HRA received
- Rent paid minus 10% of Basic Salary
- 50% of Basic Salary (Metro cities) or 40% (Non-Metro cities)
📌 Example:
If your annual basic salary is ₹4,00,000, rent paid is ₹2,00,000, and HRA received is ₹1,50,000:
- 10% of Basic = ₹40,000
- Rent paid – 10% of Basic = ₹1,60,000
- 50% of Basic = ₹2,00,000
- Least of ₹1,50,000, ₹1,60,000, ₹2,00,000 = ₹1,50,000 (this is the exempted HRA)
📝 Why Use This HRA Calculator?
- ✅ Free and Instant – No signup needed
- ✅ No Data Stored – 100% privacy safe
- ✅ Mobile Friendly – Works on all devices
- ✅ Tax Compliant – Based on latest HRA rules in India
🔐 Privacy Disclaimer
This calculator runs entirely on your browser. We do not collect, store, or send any of your data to a server. Your input stays private and secure.
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🧾 Final Words
If you are a salaried employee in India and pay rent, this HRA Exemption Calculator helps you easily estimate your tax-free HRA amount. Save taxes legally with the right knowledge and tools.
Try it now and share with your colleagues and friends!
