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HRA Calculator

The HRA Calculator computes your House Rent Allowance (HRA) tax exemption based on your salary, actual HRA received, and rent paid. Find out exactly how much HRA you can claim to reduce your tax liability.

Monthly Exemption

₹15,000

Annual HRA Exemption

₹1,80,000

Taxable HRA

₹10,000

HRA Exemption = Minimum of the three conditions:

1. Actual HRA Received₹25,000
2. Rent Paid – 10% of Basic (₹20,000 − ₹5,000)₹15,000
3. 50% of Basic Salary (metro city)₹25,000

HRA Exemption Formula

HRA Exemption = Minimum of:
1. Actual HRA received
2. Rent paid − 10% of basic salary
3. 50% of basic (metro) or 40% of basic (non-metro)

Examples

Metro city employee

Result: Exemption: ₹15,000/month (₹1,80,000/year)

Minimum of HRA ₹25K, Rent-10%Basic ₹15K, 50%Basic ₹25K = ₹15,000

Non-metro city

Result: Exemption: ₹10,000/month

Min of ₹16K, ₹10K, ₹16K = ₹10,000

High rent scenario

Result: Exemption: ₹29,000/month

Min of ₹30K, ₹29K, ₹30K = ₹29,000

Frequently Asked Questions

Who can claim HRA exemption?

Salaried employees who receive HRA as part of their CTC and pay rent for their accommodation can claim HRA exemption under Section 10(13A).

Do I need rent receipts to claim HRA?

Yes. For rent exceeding ₹1 lakh/year, you also need the landlord's PAN.

Can I claim HRA if I live in my own house?

No. HRA exemption is only for employees who pay rent. If you live in your own house, you cannot claim HRA exemption.