Knowledge Hub/Income Tax/HRA Calculator
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HRA Exemption Calculator

Calculate your House Rent Allowance (HRA) exemption and tax savings. Available for salaried employees living in rented accommodations.

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Enter all details to calculate HRA exemption

How HRA Exemption is Calculated?

The HRA exemption is the minimum of:

  • Actual HRA received from employer
  • 50% of basic salary (for metro cities) or 40% (for non-metro)
  • Actual rent paid minus 10% of basic salary

Disclaimer: This calculator provides estimates based on current tax laws and should be used for reference only. Actual tax liability may vary based on individual circumstances. Please consult a qualified CA or tax professional for accurate tax advice.