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HRA Calculator

House Rent Allowance Exemption Calculator

Metro: Delhi, Mumbai, Chennai, Kolkata

HRA Exemption (Yearly)

1,20,000

10,000/month

Taxable HRA (Yearly)

1,20,000

10,000/month

HRA Exemption Calculation

Exemption = Minimum of the following three:

1. Actual HRA Received2,40,000
2. Rent Paid - 10% of (Basic + DA)1,20,000
3. 50% of (Basic + DA)3,00,000

Basic + DA (Yearly)

6,00,000

10% of Basic+DA

60,000

Rent Paid (Yearly)

1,80,000

HRA Received (Yearly)

2,40,000

HRA Exemption Rules

Eligibility: Only if you pay rent and receive HRA
Rent Receipt: Required if rent > ₹8,333/month
Landlord PAN: Required if rent > ₹1 Lakh/year
New Regime: HRA exemption not available