HRA Calculator (India)
Calculate House Rent Allowance (HRA) exemption as per Income Tax Act, Section 10(13A).
What is HRA (House Rent Allowance)?
House Rent Allowance (HRA) is a component of salary paid by employers to employees to cover rental accommodation expenses. Under Section 10(13A) of the Income Tax Act, a portion of HRA is exempt from tax.
How HRA Exemption is Calculated?
The least of the following three values is exempt from tax:
- Actual HRA received
- 50% of basic salary (Metro) or 40% (Non-Metro)
- Rent paid minus 10% of basic salary
Who Can Claim HRA?
- Salaried individuals receiving HRA
- Living in rented accommodation
- Paying rent to landlord
Important Notes
- Metro cities: Delhi, Mumbai, Chennai, Kolkata
- Rent receipts may be required for proof
- PAN of landlord required if annual rent exceeds ₹1 lakh
This calculator provides an estimate only. Actual exemption may vary based on company policy and income tax rules.