Calculator
HRA calculator
Three formulas, least wins. Find your exempt slice.
Exemption = least of: actual HRA, rent − 10% of basic, 50% of basic. Delhi/Mumbai/Chennai/Kolkata count as metro.
- HRA exempt₹2,76,000
- HRA taxable₹1,44,000
Hover a segment for value + share.
Old-regime benefit only — the new regime offers no HRA exemption. Keep rent receipts (and landlord PAN for rent above ₹1L/year); pay by bank transfer.
What this calculator answers
Basic + DA of ₹8,40,000, HRA received of ₹4,20,000 and rent paid of ₹3,60,000 in a metro leaves ₹2,76,000 exempt and ₹1,44,000 taxable. Enter your salary components to see the split.
How it is calculated
The exemption is the least of three amounts: the HRA actually received, rent paid minus 10% of basic + DA, and 50% of basic + DA in a metro (40% in a non-metro city).
All amounts are annual. The exemption is an old-regime deduction — the new regime does not allow an HRA exemption.
Common questions
How do I know whether I am in a metro for HRA?
The 50% rate applies to the four metro cities — Delhi, Mumbai, Kolkata and Chennai — and other cities use 40%. The toggle changes that third comparison.
Why is my HRA not fully exempt?
The exemption is the smallest of the three limits, so rent below 10% of basic + DA or a high HRA component can pull it down even when the rent is genuine.
Can I claim HRA and a home loan together?
In the old regime, yes, if you genuinely rent the home you live in while owning a property elsewhere. This calculator handles the HRA side only; the income tax calculator applies the 24(b) interest cap separately.
Source & freshness
- Source
- Deterministic formula in lib/calculators.ts
- Timeliness
- Static-verified
- Method
- calculated
- Note
- Illustrative projection from your inputs — not a market quote.