Tax
HRA Exemption Calculator
Exempt portion, taxable portion, and the actual rupee tax saving from your House Rent Allowance under section 10(13A).
Your numbers
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Your result
₹72,000
On an annual HRA of ₹2.4 lakh with ₹3 lakh in rent, you can claim ₹2.4 lakh as exempt. At a 30% slab, that saves you ₹72,000 per year. Your exemption is capped by 50% of basic (the metro cap).
- Annual HRA received
- ₹2.4 lakh
- Annual rent paid
- ₹3 lakh
- Exempt portion
- ₹2.4 lakh
- Taxable portion
- ₹0
- Annual tax saving
- ₹72,000
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The three-cap formula, plain English
HRA exemption under section 10(13A) is the MINIMUM of three values. Get all three and pick the smallest, that is your exempt amount:
- The HRA your employer actually pays you (the upper ceiling, you cannot exempt more than this).
- The rent you paid in the year, minus 10 percent of your annual basic and DA.
- 50 percent of your annual basic if you live in Mumbai, Delhi, Kolkata or Chennai. 40 percent otherwise.
Documents you need to actually claim it
- Monthly rent receipts (or annual receipts with stamp + signature).
- Rent agreement (if your annual rent is above ₹1 lakh, HR will ask for this).
- Landlord PAN (mandatory if annual rent is above ₹1 lakh).
- Bank statement / UPI evidence showing rent transferred (best practice, not always required but invaluable in case of scrutiny).