Instantly calculate your HRA exemption as per Indian tax rules. Enter your salary, HRA received, rent paid, and city type to get results!
HRA is a component of salary given to employees to meet the cost of renting a home. The exemption is calculated as per Section 10(13A) of the Income Tax Act.
The calculator will show you the HRA exemption as per Indian tax rules.
Example: If your basic salary is ₹5,00,000, HRA received is ₹2,00,000, rent paid is ₹2,50,000, and you live in a metro, the exemption will be shown above.
HRA stands for House Rent Allowance, a salary component for employees living in rented accommodation.
Only salaried individuals who receive HRA and pay rent can claim exemption.
No, exemption is limited to the minimum of the three criteria above.
For more details, consult your lender or financial advisor.