Calculate HRA Exemption
Actual HRA Received:
₹0
Rent Paid - 10% of Salary:
₹0
50%/40% of Salary:
₹0
HRA Exemption (Tax-Free):
₹0
Taxable HRA:
₹0
About HRA Exemption
House Rent Allowance (HRA) is a component of salary given by employers to employees for accommodation expenses. Part of HRA is exempt from tax under Section 10(13A).
HRA Exemption Calculation:
The minimum of the following three amounts is exempt from tax:
- Actual HRA received
- Rent paid minus 10% of salary (Basic + DA)
- 50% of salary for metro cities (Mumbai, Delhi, Kolkata, Chennai)
- 40% of salary for non-metro cities
Important Points:
- HRA exemption is not available if you own the house
- Rent receipts required if annual rent exceeds ₹1 lakh
- Landlord's PAN required if annual rent exceeds ₹1 lakh