HRA Exemption Calculator
HRA is a special allowance specifically granted to an employee by his employer towards payment of rent for the residence of the employee. HRA allowance is exempted fully subject to certain conditions. Use our HRA calculator to know how much tax you could save on your income.HRA Exemption Calculator
Basic salary received (p.a)*
This is the amount paid to the employee without any additions or allowances
Dearness Allowance received*
Cost of living adjustment allowance paid to Government employees and pensioners. Please enter "0" if you do not receive dearness allowance.
HRA received (p.a)*
Component of the salary given by a company to its employee to meet house renting expenses
Total rent paid (p.a)*
Do you live in metros like Delhi, Mumbai, Kolkata or Chennai?*
*Marked fields are mandatory
TAXABLE HRA
*The least of the below values is exempt from HRA
Actual HRA received | |
Rent Paid in excess of 10% of salary | |
40% of Basic Salary |
- Amount of exempted HRA
- HRA chargeable to Tax