HRA Exemption Calculator
Enter values to calculate
About HRA Exemption
House Rent Allowance (HRA) exemption is calculated under Section 10(13A) of the Income Tax Act. Optimize your tax planning instantly.
Input Details
- Basic Salary: Annual Basic Salary.
- HRA Received: Total HRA received from employer.
- Rent Paid: Total rent paid during the year.
- Metro City: Check if you live in Delhi, Mumbai, Kolkata, or Chennai.
How to Use
- Enter your annual Basic Salary and HRA Received.
- Enter the total annual rent paid.
- Select if you live in a Metro city.
- View the exempt and taxable HRA amounts.
Calculation Logic
Exemption is the minimum of the following three:
- Actual HRA Received.
- 50% of Basic Salary (Metro) or 40% (Non-Metro).
- Rent Paid minus 10% of Basic Salary.
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