Tax Calculators

HRA Calculator

Compute your HRA exemption based on actual rent paid, HRA received and city of residence.

About the calculator

What is the HRA Calculator?

The HRA Calculator is a free online tool that helps you make informed decisions about your money. Enter your numbers and the calculator gives you instant, accurate results.

Use it to compare scenarios, plan goals and validate assumptions — all without signing up.

Formula used
  • HRA exemption is least of
    1) Actual HRA received 2) 50%/40% of Basic 3) Rent paid − 10% of Basic

Why use the HRA Calculator?

Financial planning works only when it's specific. The HRA Calculator converts assumptions into concrete numbers — so you can choose between scenarios with confidence rather than guesswork.

How it helps

By tweaking inputs and instantly seeing the impact, you build intuition for how the underlying variables interact. This is far more useful than abstract formulas alone.

What to remember

Calculators show possible outcomes based on the assumptions you provide. Real-world results may vary; review your plan periodically and adjust as your income, goals and circumstances evolve.

Frequently Asked Questions

Salaried employees living in rented accommodation who receive HRA as part of salary.
Yes — required if rent > ₹3,000/month. Landlord PAN if rent > ₹1L/year.
Yes, with proof (receipts, bank transfers). Parents must declare it as income.
No — but section 80GG covers it.
No — HRA is not allowed under new regime.
Delhi, Mumbai, Chennai, Kolkata only.

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