Salary Component

HRA Calculator

Calculate your House Rent Allowance exemption under the Income Tax Act.

Your Details

Basic Salary (Annual ₹)

HRA Received (Annual ₹)

Rent Paid (Annual ₹)

City Type

Metro cities: Delhi, Mumbai, Kolkata, Chennai

HRA Exemption

₹1,20,000

Minimum of the 3 rules below

Taxable HRA

₹1,20,000

Tax Savings (30%)

₹36,000

Exemption Rules Breakdown

Rule 1 — Actual HRA received

₹2,40,000

Rule 2 — 50% of Basic Salary

₹3,00,000

Rule 3 — Rent paid minus 10% of Basic

₹1,20,000Applicable

How it works: The exemption is the lowest of the three rules. The remaining HRA is added to your taxable income. Higher rent can help utilise the full exemption up to the applicable percentage of your basic salary.