HRA Calculator
Calculate HRA exemption under Section 10(13A) of the Income Tax Act.
Inputs
INR
INR
INR
Result
HRA Exemption
₹240,000.00
least of HRA / (Rent − 10% Basic) / 50% Basic
Taxable HRA₹0.00
Rule (a) Actual HRA₹240,000.00
Rule (b) Rent − 10% Basic₹240,000.00
Rule (c) 50% of Basic₹300,000.00
Advertisement
Related calculators
Income Tax Calculator
Estimate income tax on your salary with deductions and effective rate.
Salary Breakup Calculator
Convert annual CTC into Basic, HRA, PF, gratuity, and monthly take-home.
PPF Calculator
Estimate Public Provident Fund maturity, total deposits and interest at the current government rate.
Formula
Exempt HRA = min(Actual HRA, Rent − 10% × Basic, 50% or 40% × Basic). Metros for HRA: Delhi, Mumbai, Kolkata, Chennai.
How it works
HRA (House Rent Allowance) is a salary component that lets salaried tenants reduce taxable income under Section 10(13A) of the Income Tax Act, 1961.
Example
Example: Basic ₹6,00,000, HRA ₹2,40,000, Rent ₹3,00,000, Metro → min(2.4L, 3L − 60k = 2.4L, 3L) = ₹2,40,000 fully exempt.
Advertisement
Frequently Asked Questions
Disclaimer: Results are estimates for informational purposes only and should not be considered financial, medical, legal, or professional advice. Always consult a qualified professional before making decisions.