HRA Calculator - House Rent Allowance Tax Exemption
Calculate HRA tax exemption as per Income Tax rules. Find out how much HRA is exempt from tax.
Salary & Rent Details
₹50,000
₹20,000
₹15,000
💡 Metro Cities
Delhi, Mumbai, Kolkata, Chennai
HRA Exemption
HRA Tax Exemption
₹0
Per Month
HRA Received₹20,000
Tax Exempt HRA₹0
Taxable HRA₹0
Annual Tax Savings
₹0
About HRA Calculator
House Rent Allowance (HRA) is a component of salary that provides tax benefits to salaried individuals living in rented accommodation. The HRA exemption is calculated as the minimum of three amounts.
HRA Exemption Calculation:
The exemption is the minimum of:
- Actual HRA received
- 50% of basic salary (metro) or 40% (non-metro)
- Rent paid minus 10% of basic salary