HRA Exemption Calculator

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HRA Exemption Calculator

Calculate HRA tax exemption under Income Tax Act

Inputs (Monthly)

Basic Salary50,000
Include Dearness Allowance (DA)
Dearness Allowance (DA)5,000
HRA Received20,000
Rent Paid22,000
Metro City (Delhi, Mumbai, Kolkata, Chennai)
Months Rented12 mo
Exempt HRA (Tax Free)
₹0
Total HRA Received
Taxable HRA
Calculation Logic (Monthly) — Exemption is the lowest of:
Actual HRA Received₹0
Rent Paid − 10% Salary₹0
50% of Salary₹0

Frequently Asked Questions

Who can claim HRA exemption?

Salaried individuals who receive HRA as part of their salary structure and live in rented accommodation can claim this exemption.

Can I claim HRA if I live with parents?

Yes, if you actually pay rent to them via bank transfer and they declare it as “Income from House Property” in their IT returns.

Is HRA available in the New Tax Regime?

No. HRA exemption is available only if you opt for the Old Tax Regime. The New Regime offers lower rates but fewer deductions.

Do I need landlord’s PAN?

Yes, if the annual rent payment exceeds ₹1,00,000, you must provide your landlord’s PAN to your employer.