HRA Calculator
Calculate HRA exemption from income tax under Section 10(13A).
City Type
HRA Exemption
₹1.80 L
Tax-free under Section 10(13A)
HRA Received
₹3.00 L
Taxable HRA
₹1.20 L
The three rules (least of):
HRA Calculator visual insights
Estimated Tax
₹2.16 L
Net Amount
₹9.84 L
How to Use This Calculator
Enter Amount
Set your loan amount or investment using the slider or input field.
Set Rate & Tenure
Adjust the interest rate and time period to match your scenario.
Get Results
See your EMI, total interest, and full payment breakdown instantly.
Share & Plan
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About HRA Calculator
HRA Calculator helps you estimate Indian tax, statutory charges, deductions, and compliance impact using India-focused assumptions and INR formatting. Calculate HRA exemption from income tax under Section 10(13A).
This tool is useful for Indian taxpayers, salaried employees, investors, traders, freelancers, and small business owners. It is designed for quick planning before comparing bank offers, investment options, tax choices, or scheme rules with a qualified professional.
The calculations are tailored for users in India and use Indian number formatting, rupee values, and locally relevant finance terms wherever applicable.
Results are estimates for education and planning. Final decisions should use official documents, lender statements, scheme rules, tax notices, or advice from a qualified professional.
Frequently Asked Questions
How is HRA exemption calculated?
HRA exemption is the least of three: (1) actual HRA received, (2) 50% of basic salary (metro) or 40% (non-metro), (3) rent paid minus 10% of basic salary.
Can I claim HRA without paying rent?
No. HRA exemption requires actual rent payment. If you pay more than ₹1 lakh/year in rent you must provide the landlord's PAN to your employer.
Is HRA available under the new tax regime?
No. HRA exemption is only available under the old tax regime.
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Methodology & Formulas
All formulas used here comply with RBI guidelines and standard Indian financial conventions. Calculators are updated for FY 2026–27.
Last updated: April 2026