About the HRA Exemption Calculator
If you receive HRA and pay rent, part of the HRA can be tax-free. The exempt amount is the lowest of three figures, so this calculator works out all three for you.
Enter your basic salary plus DA, HRA, rent and city type.
Formula used
Exemption = the lowest of (1) actual HRA received, (2) rent paid − 10% of basic salary, (3) 50% of basic (metro) or 40% (non-metro).
Frequently asked questions
Is HRA exemption available in the new tax regime?
No. It is available only in the old tax regime.
Which cities are metros for HRA?
The list of metro cities has been under review, so check the latest rules.
Do I need rent receipts?
Keep rent receipts and the landlord's PAN if yearly rent is above ₹1 lakh.