HRA Calculator
Calculate your House Rent Allowance exemption for metro and non-metro cities under the old tax regime.
Details
Result
HRA Exemption
โน1,80,000
Taxable HRA
โน1,20,000
10% of basic
โน60,000
50% of basic
โน3,00,000
HRA Exemption Formula
Your HRA exemption (under the old tax regime) is the minimum of three amounts: actual HRA received, rent paid minus 10% of basic, and 50% of basic (metro) or 40% (non-metro).
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