India HRA Exemption Calculator
India HRA Exemption
Free HRA exemption calculator for India
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Formula
HRA Exemption = MIN(Actual HRA, 50%/40% of Salary, Rent - 10% of Salary)
Frequently Asked Questions
How is HRA exemption calculated?
HRA exemption is the minimum of: (1) Actual HRA received, (2) 50% of salary for metro cities or 40% for non-metro, (3) Rent paid minus 10% of salary.
Is HRA available under the new tax regime?
No, HRA exemption is only available under the old tax regime. Under the new regime, you get a standard deduction of ₹75,000 instead.
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