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HRA Calculator

Calculate House Rent Allowance tax exemption for salaried employees.

Formula

1. Actual HRA received

2. 50%/40% of Basic Salary

3. Rent Paid − 10% of Basic Salary

HRA exemption is the minimum of the three conditions above. Metro cities get 50% of basic, non-metro get 40%.

How to Use

  1. Enter your monthly basic salary.
  2. Enter HRA received per month.
  3. Enter rent paid per month.
  4. Select your city type and click Calculate.

FAQ

What is HRA exemption?

HRA (House Rent Allowance) exemption is a tax benefit available to salaried employees who pay rent. The exempted amount is calculated as the minimum of three conditions under Section 10(13A) of the Income Tax Act.

Which cities are considered metro for HRA?

Delhi, Mumbai, Kolkata, and Chennai are classified as metro cities for HRA calculation. All other cities are considered non-metro. Metro cities get 50% of basic salary, while non-metro cities get 40%.