Calculate your HRA tax exemption under Section 10(13A). Adjust the values to see how much of your HRA is tax-free.
How HRA Exemption is Calculated
The tax-exempt portion of your HRA is the minimum of these three:
- Actual HRA received from your employer.
- 50% of basic salary if you live in a metro city (Delhi, Mumbai, Chennai, Kolkata), or 40% for non-metro cities.
- Rent paid minus 10% of basic salary.
The rest of your HRA is added to your taxable income.
Example
If your basic salary is ₹50,000/month, HRA is ₹20,000/month, and you pay ₹18,000/month rent in Bangalore (non-metro):
- Actual HRA = ₹20,000
- 40% of basic = ₹20,000
- Rent - 10% of basic = ₹18,000 - ₹5,000 = ₹13,000
Minimum = ₹13,000/month is tax-exempt. The remaining ₹7,000/month is taxable.
Important Notes
- HRA exemption is only available under the old tax regime. The new tax regime does not allow HRA deductions.
- You need rent receipts as proof. For rent above ₹1 lakh/year, you also need your landlord’s PAN.
HRA exemption calculation is based on the Income Tax Act. Consult a tax professional for your specific situation. The calculations shown are for illustrative purposes only and should not be considered as financial advice.