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FinancialCalcIndia

HRA Exemption Calculator

Calculate your House Rent Allowance (HRA) exemption as per the Income Tax Act to maximize your tax savings.

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HRA Calculation Settings
Enter your details to calculate HRA exemption

Metro cities include Delhi, Mumbai, Kolkata, and Chennai. All other cities are considered non-metro.

HRA Exemption Summary
Based on Metro location and monthly values

Annual Basic Salary

₹0

Annual HRA Received

₹0

Annual Rent Paid

₹0

HRA Exemption Amount

₹0

Taxable HRA

₹0

50% of Basic Salary

₹0

Rent Paid - 10% of Basic Salary

₹0

How HRA Exemption is Calculated
Understanding the three conditions for HRA exemption

As per the Income Tax Act, HRA exemption is the least of the following three amounts: