HRA exemption reduces your taxable income if you live in rented accommodation. The actual exemption is the lowest of three salary factors as per Section 10(13A).
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HRA Tax Exemption
Calculate tax-exempt House Rent Allowance based on Indian Income Tax rules.
HRA Tax Exemption
Tax breakdown
Tax-Exempt HRA Amount₹0
Remaining Taxable HRA₹0
What is a HRA Tax Exemption?
Calculate the House Rent Allowance (HRA) exemption amount you can claim to reduce your taxable income and save on salary taxes under Indian tax rules.
How to Use This Calculator
- Enter your primary figure—such as your gross salary, product price, or target investment amount—into the base input field.
- Adjust the sliders or type numbers directly into the fields to specify parameters like interest rates and tenure duration.
- Enter any additional applicable values, such as tax-saving deductions, extra fees, or custom contribution percentages.
- Review the instant breakdown results, evaluate the visual compounding charts, and download the full breakdown as a PDF report.
Example Calculation: Income Tax Calculation Example
This table shows a realistic example calculation based on standard parameters. Enter your custom numbers in the sliders above to compare results.
| Parameter | Sample Value |
|---|---|
| Gross Annual Salary | ₹15,00,000 |
| Standard Deduction | ₹75,000 (New Regime) |
| Taxable Income Base | ₹14,25,000 |
| Tax Due (New Regime Slabs) | ₹1,30,000 |
| 4% Health & Education Cess | ₹5,200 |
How HRA Exemption is Calculated
Mathematical Formula:
Minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of (Basic + DA), (3) 50% (metro) or 40% (non-metro) of (Basic + DA)