TerraNexxus

HRA Exemption Calculator

Find out how much of your House Rent Allowance is tax-exempt and how much tax you save, based on your salary, HRA and rent paid.

Salary & rent

₹50,000
₹20,000
₹18,000
City type
Your income tax slab

HRA exemption (yearly)

₹1,56,000

Saves you about ₹31,200 in tax

Actual HRA received
₹2,40,000
Rent − 10% of basic
₹1,56,000
50% of basic
₹3,00,000
Exempt (lowest of three)
₹1,56,000
Taxable HRA
₹84,000

HRA exemption (Section 10(13A)) is the lowest of these three amounts. Only available in the OLD tax regime, and only if you actually pay rent. Keep rent receipts; landlord PAN is needed if rent exceeds ₹1L a year.