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HRA Calculator

Calculate House Rent Allowance exemption and tax savings

Calculate HRA Exemption

HRA Rules

HRA exemption is the minimum of:

  • Actual HRA received
  • Rent paid minus 10% of basic salary
  • 50% of basic (metro) or 40% (non-metro)

FAQs

What is HRA?

HRA (House Rent Allowance) is a component of salary provided by employers to employees for renting accommodation. A portion of HRA is exempt from tax.

How is HRA exemption calculated?

HRA exemption is the minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of basic salary, (3) 50% of basic salary for metro cities or 40% for non-metro cities.