HRA Exemption Calculator
Only available under the old tax regime. See which of the three limits binds for you.
From salary slip's HRA component
Claim this HRA exemption correctly at filing time.
The main NetCorpus India planner rolls this into a 50-year retirement plan alongside your loans, EPF, taxes, trips, and life goals.
Computes your House Rent Allowance exemption under Section 10(13A) — the least of three specific amounts, which is smaller (and less intuitive) than most people assume.
Exempt HRA = the minimum of: (a) actual HRA received, (b) 50% of basic salary in a metro city or 40% in a non-metro, and (c) actual rent paid minus 10% of basic salary. Whichever of these three is smallest is what you actually get to exclude from taxable income — the other two don't matter once you've found the minimum.
On ₹6L basic salary, ₹2.4L HRA received, and ₹3L rent paid in a metro: (a) ₹2.4L, (b) 50% of ₹6L = ₹3L, (c) ₹3L − ₹60,000 = ₹2.4L. The minimum is ₹2.4L — in this case the full HRA received happens to be exempt, but that's not guaranteed; it depends entirely on the relationship between your rent, basic salary, and HRA component.
Is HRA exemption available under the new tax regime?▾
No — HRA exemption (like most other old-regime deductions) is only available if you file under the old tax regime. Factor this into the old-vs-new regime comparison if you pay significant rent.
What if I don't get HRA as part of my salary but pay rent?▾
You may be able to claim rent paid under Section 80GG instead, subject to its own (smaller) limits — that's a separate calculation from the HRA exemption shown here, which only applies if HRA is an explicit salary component.