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HRA Calculator

If you live in rented accommodation, the HRA exemption can save you significant tax under the old regime.

₹
₹1,00,000₹1,00,00,000
₹
₹0₹50,00,000
₹
₹0₹50,00,000
01
HRA Received₹2,40,000
Exempt HRA₹2,40,000
Taxable HRA₹0
SIP

Formula

Exempt = min(HRA received, 50%/40% of basic, Rent − 10% of basic)

50% applies in metros (Mumbai, Delhi, Kolkata, Chennai); 40% elsewhere.

Where

  • HRA= House Rent Allowance received
  • Basic= Basic Salary (yearly)
  • Rent= Rent paid (yearly)

How to use the HRA Calculator

  1. 1Enter your basic salary, HRA received, and rent paid.
  2. 2Toggle metro city status.

Why it matters

  • Maximise tax-exempt HRA.
  • Plan rent vs salary structure.

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Frequently asked questions

Can I claim HRA in the new regime?+

No — HRA exemption is only available in the old tax regime.