HRA Exemption Calculator

HRA Exemption Calculator

Calculate your HRA tax exemption and optimize your tax savings under Section 10(13A) of the Income Tax Act

Enter Your Details

How HRA Exemption is Calculated

The exempt amount is the least of the following:

  • Actual HRA received
  • 50% of salary (basic + DA) for metro cities, 40% for non-metro cities
  • Rent paid minus 10% of salary (basic + DA)

Calculation Results

Enter your details and click “Calculate Exemption” to see your tax savings.

Tips to Maximize HRA Exemption

Rent Receipts

Always collect rent receipts from your landlord for proof of payment.

Rent Agreement

Have a formal rent agreement to validate your rental expenses.

PAN of Landlord

If rent exceeds ₹1,00,000 per year, provide landlord’s PAN to your employer.

Actual Payment

Pay rent through banking channels for easy tracking and proof.

HRA Exemption Calculator — Description & Usage

What Is This Tool?

The HRA Exemption Calculator helps salaried employees calculate the amount of House Rent Allowance (HRA) exempt from income tax under Indian tax laws. It considers salary components, rent paid, city of residence, and statutory rules to provide an accurate exemption amount.

  • Compute HRA exemption for tax savings.
  • Understand taxable and exempt portions of HRA.
  • Plan finances and salary structure efficiently.

Why Use the HRA Exemption Calculator?

Tax Planning

Maximize tax benefits by understanding HRA exemption accurately.

Financial Management

Plan rent payments and salary structure to optimize savings.

How to Use This Tool (Step-by-Step)

  • Enter your basic salary — the core component of your salary.
  • Enter HRA received — monthly or annual HRA amount.
  • Enter rent paid — monthly rent paid for accommodation.
  • Select your city of residence — metro or non-metro city.
  • Click Calculate — the tool will compute exempt and taxable HRA amounts.
  • Use results — for tax filing, planning salary, or rent budgeting.

Pro Tips for Best Results

  • Maintain rent receipts for accurate calculation and proof during tax filing.
  • Consider city classification carefully; metros allow higher exemption limits.
  • Combine HRA calculations with other exemptions for maximum tax savings.
  • Review annually as salary and rent changes affect exemptions.

Use the HRA Exemption Calculator to plan your tax efficiently and maximize HRA benefits!