HRA Calculator
🏠 HRA Calculator
House Rent Allowance Exemption Calculator
HRA Calculator – House Rent Allowance Exemption Calculato
HRA Calculator is a specialized financial tool that helps salaried employees calculate the exact amount of House Rent Allowance (HRA) exemption they can claim under Section 10(13A) of the Income Tax Act. This calculator takes the guesswork out of tax planning by determining how much of your HRA is tax-free and how much becomes taxable income.
What is HRA (House Rent Allowance)?
House Rent Allowance (HRA) is a component of salary provided by employers to employees to meet rental accommodation expenses. Under Section 10(13A) of the Income Tax Act, HRA is partially or fully exempt from tax, subject to certain conditions.
Key Points:
HRA is part of your salary structure
Exemption is available only if you live in rented accommodation
You must pay rent exceeding 10% of your basic salary
Exemption amount varies based on city of residence
Landlord’s PAN is required if annual rent exceeds ₹1,00,000
Metro vs Non-Metro Cities
| City Category | Cities Included | Exemption Percentage |
|---|---|---|
| Metro Cities | Delhi, Mumbai, Chennai, Kolkata | 50% of Basic Salary |
| Non-Metro Cities | All other Indian cities | 40% of Basic Salary |
How Our HRA Calculator Works
Our calculator takes four simple inputs:
Basic Salary (Monthly) – Your basic pay per month
HRA Received (Monthly) – HRA component in your salary
Rent Paid (Monthly) – Actual rent you pay for accommodation
City Type – Select Metro or Non-Metro city
The calculator automatically:
Converts monthly figures to annual
Calculates all three exemption components
Determines the minimum exemption amount
Shows taxable HRA portion
Provides detailed calculation breakdown