HRA Calculator (House Rent Allowance Calculator)
Calculate HRA exemption, taxable HRA, and tax-saving benefits based on your salary, HRA received, rent paid, and city type.
HRA Calculation Result
What is HRA?
House Rent Allowance (HRA) is a salary component provided by employers to employees who live in rented accommodation. HRA can provide tax benefits under the Income Tax Act.
How HRA Exemption is Calculated?
HRA exemption is calculated based on the lowest of the following:
- Actual HRA received from employer
- Rent paid minus 10% of basic salary
- 50% of salary for metro cities or 40% for non-metro cities
Who Can Use This HRA Calculator?
This calculator is useful for salaried employees who receive HRA and live in rented accommodation. It helps estimate tax-exempt and taxable portions of HRA.
Benefits of HRA Calculator
- Calculate HRA exemption instantly
- Estimate taxable HRA amount
- Understand income tax benefits
- Useful for tax planning
Disclaimer
Results are for informational purposes only. Please consult a tax professional or refer to the latest Income Tax rules for official calculations.