HRA Exemption Calculator
Calculate House Rent Allowance exemption as per Indian tax rules
HRA Exemption Analysis
House Rent Allowance (HRA) Exemption Calculator
HRA is a salary component that provides tax exemption for rent paid. Calculate your eligible exemption under Section 10(13A) of the Income Tax Act.
Formula
50% for metro cities (Delhi, Mumbai, Kolkata, Chennai), 40% for non-metro. Salary = Basic + DA + commission (fixed % of turnover).
Example Calculation
Scenario:
Metro city, Basic = ₹30,000, DA = ₹5,000, HRA = ₹12,000, Rent = ₹15,000
Calculation:
Salary = ₹35,000. Check: (1) ₹12,000, (2) 50% of ₹35,000 = ₹17,500, (3) ₹15,000 - ₹3,500 = ₹11,500Result:
HRA exemption: ₹11,500 per month (minimum of the three)
Key Points
- •HRA exemption only available in old tax regime, not in new default regime
- •Must actually pay rent to claim exemption
- •Landlord's PAN mandatory if annual rent exceeds ₹1,00,000
- •Need rent receipts, rental agreement for claiming exemption
- •Metro cities: Delhi, Mumbai, Kolkata, Chennai (50%); all others (40%)
Tax Implications:
- •Available only under old tax regime (Section 10(13A))
- •Not available in new default tax regime effective AY 2024-25
- •Submit rent receipts and Form 12BA to employer for exemption
- •Can claim both HRA and home loan benefits if loan property is different from rented property
Disclaimer: The calculations and information provided are estimates based on the inputs provided and current rates as of November 2025. Actual results may vary. Interest rates, tax laws, and regulations are subject to change. Please consult with a qualified financial advisor or tax professional for personalized advice.