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
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.
Frequently Asked Questions
Are the TerraNexxus calculators free to use?
Yes — every calculator and tool on TerraNexxus is completely free to use, with no sign-up or login required.
How accurate are these property and loan calculators?
They use standard, widely-accepted formulas to give a close estimate. For exact figures (loan eligibility, EMI, stamp duty, tax), always confirm with your bank, lender or a qualified financial advisor.
Do the calculators work on mobile?
Yes, all tools are fully responsive and work smoothly on mobile, tablet and desktop browsers.
Is the data I enter stored or shared?
No. Calculations run entirely in your browser — TerraNexxus does not store, track or share the values you enter.