Insurance & tax
HRA Exemption Calculator
Paying rent? Work out how much of your house rent allowance is tax-free under the old tax regime.
How this calculator works
The exempt HRA is the lowest of: actual HRA received, rent paid minus 10% of basic + DA, and 50% (listed cities) or 40% (other cities) of basic + DA.
Things to keep in mind
- HRA exemption is not available under the new tax regime.
- Keep rent receipts and a rent agreement.
- Give your landlord's PAN to your employer if rent is above ₹1 lakh a year.
FAQs
Can I claim HRA under the new tax regime?
No. HRA exemption is available only under the old tax regime. Use our Income Tax Calculator to compare both regimes.
Get this plan reviewed by an expert
Share your numbers with us on WhatsApp or book a free call. We will turn them into a plan you can act on.