HRA Calculator India
Calculate House Rent Allowance tax exemption under Section 10(13A)
HRA Calculator for India
Calculate your House Rent Allowance (HRA) exemption under Section 10(13A) of the Income Tax Act and maximize your tax savings.
Enter Your Details
Dearness Allowance and other allowances
HRA Exemption Results
HRA Exemption (Annual)
Tax-free amount
Monthly HRA Exemption
Per month tax-free
Taxable HRA (Annual)
Amount subject to tax
Potential Tax Savings
At 30% Tax Rate
For income > ₹15 lakh
At 20% Tax Rate
For income ₹10-15 lakh
At 10% Tax Rate
For income ₹5-10 lakh
Related Calculators
How to Use
- 1Enter your values in the input fields
- 2Review the calculated results
- 3Use the results for your planning
Frequently Asked Questions
What is HRA and how is it calculated?
HRA (House Rent Allowance) is a salary component that is partially exempt from income tax. The exemption is calculated as the minimum of: (1) Actual HRA received, (2) 50% of salary for metro cities or 40% for non-metro, (3) Rent paid minus 10% of salary.
Which cities are considered metro cities for HRA?
Delhi, Mumbai, Chennai, and Kolkata are considered metro cities where 50% of salary can be claimed as HRA exemption. All other cities are non-metro with 40% limit.
What documents are required to claim HRA exemption?
You need rent receipts, rental agreement, landlord's PAN (if annual rent exceeds ₹1 lakh), and HRA certificate from employer. Revenue stamps on receipts are required if monthly rent exceeds ₹5,000.
Can I claim HRA if I own property in another city?
Yes, you can claim HRA exemption even if you own property in another city, as long as you don't own property in the city where you work and pay rent.
Is there any limit on HRA exemption amount?
There is no upper limit on HRA exemption amount. However, the exemption cannot exceed the actual HRA received from your employer or the calculated limit based on salary and rent paid.