HRA Calculator
Calculate your House Rent Allowance tax exemptions under Income Tax rules.
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"Projections are calculated assuming compound return rate factors and do not guarantee future returns."
About this Calculator
Calculate your House Rent Allowance tax exemptions under Income Tax rules. Use our parameters to slide and adjust calculations corresponding to your income or goals.
Calculation Formula
Exempt HRA is minimum of: 1. Actual HRA, 2. Rent Paid - 10% of Basic Salary, 3. 50% (Metro) or 40% (Non-metro) of Basic.
FAQs & Help
Delhi, Mumbai, Kolkata, and Chennai qualify for 50% basic salary HRA exemption; other cities qualify for 40%.
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