About HRA Calculator
Maximize tax savings with our HRA Calculator. Enter basic salary, HRA received, rent paid, and metro/non-metro status to find exempt HRA, taxable HRA, and annual tax saved (indicative).
HRA Exemption (Old Regime)
Use these standard formulas for accurate estimates:
Exemption is least of
(1) Actual HRA received
(2) Rent − 10% of Basic
(3) 50% Basic (metro) or 40% Basic (non-metro)
(2) Rent − 10% of Basic
(3) 50% Basic (metro) or 40% Basic (non-metro)
Example Calculation
Example: Basic ₹40K, HRA ₹20K, Rent ₹18K (metro)
| Component | Value |
|---|---|
| Actual HRA | ₹20,000/mo |
| Rent paid | ₹18,000/mo |
| Exempt HRA | Least of three rules |
Benefits of Using This Calculator
Instant results with standard financial formulas
Clear charts and tables for better decisions
Mobile-friendly — works on any device
100% free — no signup or data stored on servers
Built for Indian investors and taxpayers
Compare scenarios side-by-side where applicable
Frequently Asked Questions
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Salaried employees receiving HRA and paying rent can claim exemption under Old tax regime with valid rent details.
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Generally HRA exemption requires paying rent. Special cases like rent to parents have conditions—consult a tax expert.
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Delhi, Mumbai, Chennai, Kolkata are typically treated as metro (50% of basic). Other cities use 40% of basic in the least-of-three test.
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New regime does not allow HRA deduction. Compare regimes with our Income Tax Calculator.
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