HRA Calculator
Calculate HRA tax exemption under Section 10(13A). See which of the 3 conditions gives you maximum HRA benefit.
| (a) Actual HRA received ✓ | ₹2,40,000 |
| (b) 50% of Basic Salary | ₹3,00,000 |
| (c) Rent paid − 10% of Basic ✓ | ₹2,40,000 |
Frequently Asked Questions
What is HRA exemption?
HRA exemption reduces your taxable income if you live in a rented accommodation and receive HRA as part of your salary. It is available only under the old tax regime.
How is HRA exemption calculated?
HRA exemption is the minimum of: (1) Actual HRA received, (2) 50% of basic salary for metro cities (40% for non-metro), (3) Rent paid minus 10% of basic salary.
Which cities are considered metro for HRA?
Only Delhi, Mumbai, Kolkata, and Chennai are classified as metro cities for HRA calculation. All other cities get the 40% basic salary limit instead of 50%.
Can I claim HRA if I pay rent to family?
Yes, you can pay rent to parents and claim HRA exemption, provided you have a valid rent agreement and the parent includes the rental income in their tax return. You cannot claim HRA for rent paid to your spouse.
What if I don't receive HRA in my salary?
If you don't receive HRA but pay rent, you can claim deduction under Section 80GG up to ₹5,000/month (₹60,000/year), subject to conditions like not owning a house in the same city.