HRA Calculator
Calculate your House Rent Allowance exemption under the Income Tax Act.
Your Details
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.