🏠 HRA Calculator
Calculate exactly how much of your House Rent Allowance is exempt from Income Tax. See the three-rule breakdown instantly.
Annual Salary Details
Basic Annual Salary (Including DA)
HRA Received from Employer
Actual Rent Paid
Total Rent Paid in Year
Input values must be for the entire financial year.
Exempted HRA (Tax Free)
₹1,80,000
HRA Exemption is the LEAST of these 3 conditions:
1. Actual HRA Received
₹3,00,000
2. Actual Rent Paid minus 10% of Basic Salary
₹1,80,000
3. 50% of Basic Salary (Metro)
₹3,00,000
Taxable HRA Amount
₹1,20,000
HRA
Tax-Free HRA
Taxable HRA
Decoding HRA Rules
Important Note for FY 24-25
HRA Exemption can only be claimed if you opt for the Old Tax Regime. If you choose the default New Tax Regime, your entire HRA becomes fully taxable.
The 3 Conditions
The Income Tax Act (Section 10(13A)) states that the exempt portion of HRA will be the lowest of the following three amounts:
- Actual HRA received from the employer.
- Actual rent paid minus 10% of the Basic Salary.
- 50% of Basic Salary (for residents of Metro cities: Delhi, Mumbai, Chennai, Kolkata) OR 40% of Basic Salary (for Non-Metro cities like Bangalore, Pune, Hyderabad, etc).
What is fully taxable?
Any HRA amount that you receive over and above this calculated exemption limit is fully taxable at your normal income tax slab rate.