🏠 Tax Saving Tool
HRA Calculator
House Rent Allowance Exemption
Calculate exempt portion of HRA as per Income Tax rules. Find least of: Actual HRA, Rent paid - 10% of salary, or 50%/40% of salary (Metro/Non-Metro).
hra calculator
house rent allowance
hra exemption
tax saving on rent
Calculator
Basic Salary (Annual) ₹6,00,000
Dearness Allowance (DA) ₹ ₹0
DA that forms part of salary for HRA calculation
Actual HRA Received (Annual) ₹2,40,000
Rent Paid (Annual) ₹1,80,000
City Type
🌆 Metro (50% of salary)
🏙️ Non-Metro (40% of salary)
Salary for HRA (Basic + DA) ₹6,00,000
Exempt HRA
₹0
tax-free portion
Taxable HRA
₹0
added to income
Tax Saved (approx)
₹0
@30% slab estimate
📋 HRA Exemption Calculation (Least of three)
| Enter values and click Calculate |
📌 How HRA Exemption Works
- HRA exemption = Least of the following three:
- A. Actual HRA received from employer
- B. Rent paid – 10% of salary (Basic + DA)
- C. 50% of salary (for Metro cities) or 40% of salary (for Non-Metro)
- Salary for HRA purpose = Basic Salary + Dearness Allowance (if part of retirement benefits).
- If you live in a rented house and receive HRA, this exemption reduces your taxable income.
- Rent paid must be more than 10% of salary to claim any exemption.