HRA Exemption Calculator

⚡ Instant 🇮🇳 Old Tax Regime 🏙️ Metro / Non-Metro 📋 Section 10(13A)

Enter Salary & Rent Details

HRA Exemption Breakdown

1. Actual HRA Received-
2. 50%/40% of Basic (Metro/Non-Metro)-
3. Rent Paid − 10% of Basic-
HRA Exempt from Tax (Min of above)-
Taxable HRA-

About HRA Exemption

HRA exemption is calculated under Section 10(13A) of the Income Tax Act. The exempt amount is the minimum of three values. This applies only under the old tax regime.

Frequently Asked Questions

Can I claim HRA under new tax regime?

No. HRA exemption is not available under the new tax regime. You can only claim it under the old regime.

Do I need rent receipts?

Yes, if your annual rent exceeds ₹1,00,000, you need rent receipts and your landlord's PAN. Below ₹1 lakh, self-declaration is sufficient.

Can both spouses claim HRA?

Only one spouse can claim HRA exemption for the same rent. Both cannot claim for the same accommodation.

✅ Do's and ❌ Don'ts

✅ Do's

  • ✅ Do keep rent receipts and landlord PAN for audit trail.
  • ✅ Do file Form 12BB to claim HRA through employer.
  • ✅ Do compare old vs new regime to maximize tax savings.
  • ✅ Do declare rent details to employer at the start of financial year.

❌ Don'ts

  • ❌ Don't claim HRA if you own a house in the same city.
  • ❌ Don't forget to get landlord PAN for rent above ₹1 lakh/year.
  • ❌ Don't claim HRA under new tax regime — it's not allowed.
  • ❌ Don't claim HRA for self-occupied owned property.