Calculate your HRA tax exemption and optimize your tax savings under Section 10(13A) of the Income Tax Act
The exempt amount is the least of the following:
Enter your details and click "Calculate Exemption" to see your tax savings.
Actual HRA Received
₹0
Exempted HRA Amount
₹0
Taxable HRA Amount
₹0
Annual Tax Savings*
₹0
* Tax savings calculated at 30% tax rate. Actual savings may vary based on your income tax slab.
Always collect rent receipts from your landlord for proof of payment.
Have a formal rent agreement to validate your rental expenses.
If rent exceeds ₹1,00,000 per year, provide landlord's PAN to your employer.
Pay rent through banking channels for easy tracking and proof.
Our free HRA exemption calculator helps salaried employees calculate their House Rent Allowance tax exemption under Section 10(13A) of the Income Tax Act. Calculate your eligible HRA exemption and optimize your tax savings based on your salary structure and rental expenses.
Perfect for salaried employees, HR professionals, and tax consultants who want to maximize tax benefits while complying with Indian income tax regulations for house rent allowance claims.
Accurately calculates HRA exemption based on the three statutory conditions: Actual HRA, Rent paid minus 10% of salary, and 50%/40% of basic salary.
Automatically applies 50% exemption for metro cities (Delhi, Mumbai, Chennai, Kolkata) and 40% for non-metro cities as per income tax rules.
Provides detailed information about required documents including rent receipts, landlord PAN, and rental agreement for smooth tax filing.
Compare HRA benefits under old and new tax regimes to help you choose the most beneficial option for your financial situation.
Claim your legitimate HRA exemption and reduce your tax liability while staying compliant with Indian income tax regulations.
HRA exemption is the minimum of three amounts: 1) Actual HRA received, 2) Rent paid minus 10% of basic salary, 3) 50% of basic salary (metro) or 40% of basic salary (non-metro). The lowest of these three is exempt from tax.
No, HRA exemption is not available under the new tax regime. It's only available if you choose the old tax regime. Under the new regime, you cannot claim any HRA exemption regardless of your rent payments.
Landlord PAN is required if annual rent exceeds ₹1 lakh. For rent below ₹1 lakh annually, you only need rent receipts and landlord address. Failure to provide PAN when required can lead to disallowance of HRA claim.
No, HRA exemption is only available for rented accommodation. If you live in your own house, you cannot claim HRA exemption. However, you may be eligible for home loan interest deduction under Section 24.
Required documents include: Rent receipts, rent agreement, landlord PAN (if rent > ₹1 lakh annually), and proof of rent payment (bank statements/cancelled cheques). Keep these for 6 years for tax assessment purposes.