HRA Calculator
Calculate your HRA exemption and taxable amount instantly as per Indian tax rules.
HRA Exempted
$0.00
Taxable HRA: $0.00
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What is HRA?
House Rent Allowance (HRA) is a salary component provided to employees to cover rental expenses. A portion of HRA is exempt from income tax under Section 10(13A).
How HRA Exemption is Calculated?
The minimum of the following is exempt:
- Actual HRA received
- Rent paid – 10% of basic salary
- 50% of basic salary (Metro) or 40% (Non-Metro)
Frequently Asked Questions
HRA exemption is the portion of House Rent Allowance that is not taxable under income tax laws.
Yes, provided you pay rent to your parents and they declare it as income.
Yes, rent receipts are required if annual rent exceeds $1,00,000.
No, HRA applies only to salaried employees. Self-employed can claim deduction under Section 80GG.
Yes, it follows standard Indian Income Tax rules for HRA calculation.