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HRA Exemption Calculator

Calculate house rent allowance exemption under Indian Income Tax Act.

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Results

Monthly Exempt HRA₹10,000
Monthly Taxable HRA₹10,000
Annual Taxable HRA₹1,20,000

Understand HRA Calculator

House Rent Allowance (HRA) is paid by employers to employees to meet accommodation rental costs, offering tax exemptions under Section 10(13A).

Frequently Asked Questions

How is HRA exemption calculated?

It is the minimum of: Actual HRA received, Rent paid minus 10% of basic salary, or 40% (50% for metros) of basic salary.