HRA Calculator
Find out how much of your House Rent Allowance is exempt from tax. The exemption is the lowest of three values defined by the Income Tax Act, and this tool computes them for you.
Calculator
₹
₹
₹
Candidate A — Actual HRA Received
₹2,40,000Candidate B — % of Basic Salary
₹2,40,000Candidate C — Rent − 10% of Basic
₹1,56,000HRA Exemption
₹1,56,000Taxable HRA
₹84,000How the Calculation Works
- 1Enter your basic salary and HRA received
- 2Enter annual rent paid and select metro or non-metro city
- 3View the exempt and taxable HRA amounts
Frequently Asked Questions
How is HRA exemption calculated?
It is the least of actual HRA received, rent paid minus 10 percent of basic, and 50 percent of basic for metros or 40 percent for non-metros.
Can I claim HRA if I live with my parents?
Yes, if you actually pay rent to them and have proof such as receipts and bank transfers, you can claim the exemption.
Automate This with ShiftSphere
Stop calculating manually. Let ShiftSphere handle payroll, attendance, and leave automatically.
Start Free Trial