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HRA Calculator

HRA Calculator

Calculate House Rent Allowance tax exemption and optimize salary

1,50020,00,000

Basic salary is used for HRA calculation (not gross salary)

Basic percentage: 62.5% | Recommended: 50-70%

010,00,000

HRA component in your salary slip

010,00,000

Monthly rent as per agreement/receipt

Metro: Mumbai, Delhi, Kolkata, Chennai | Non-Metro: All other cities

Advanced Options

💡 HRA Tax Benefits

  • • HRA exemption reduces taxable income
  • • Metro cities get 50% exemption, non-metro 40%
  • • Minimum rent threshold: 10% of basic salary
  • • Documentation required for amounts >₹3,000/month
  • • Can optimize salary structure for maximum benefit

HRA Calculation Results

HRA Exemption:₹0
Taxable HRA:₹0
Monthly Tax Savings:₹0

Effective Rent Cost:₹0
Annual Tax Savings:₹0

Exemption Calculation (Minimum of)

1. Actual HRA Received:₹20,000
2. Rent - 10% of Basic:₹10,000
3. 50% of Basic Salary:₹25,000
HRA Exemption (Minimum):₹0

City-wise HRA Comparison

Rent Optimization Scenarios

HRA Optimization Strategy

Maximizing HRA Benefits

  • • Negotiate higher basic salary component (60-70%)
  • • Ensure rent exceeds 10% of basic salary
  • • Choose metro city posting for 50% exemption
  • • Maintain proper rent receipts and documentation
  • • Consider family arrangement for rent payments

Compliance Best Practices

  • • Get PAN card of landlord for rent >₹1L annually
  • • Make rent payments through bank transfer
  • • Submit Form 12BB declaration annually
  • • Keep rental agreement and receipts ready
  • • Avoid claiming for own property in same city