Calculate the tax-exempt portion of your House Rent Allowance (HRA) under Section 10(13A).
₹5.00 L
₹0
₹2.50 L
₹2.40 L
Exemption Analysis
Exempt HRA
₹1,90,000
Taxable HRA
₹60,000
Least of the following is exempt:
1. Actual HRA Received₹2,50,000
2. Rent - 10% of Salary₹1,90,000
3. 50% of Salary₹2,50,000
How is HRA Exemption Calculated?
The deduction for House Rent Allowance (HRA) is covered under Section 10(13A) of the Income Tax Act. The exempted amount is the lowest of the following three:
Condition 1
Actual HRA received from your employer.
Condition 2
Actual rent paid minus 10% of your Basic Salary.
Condition 3
50% of Basic Salary for Metros (Delhi, Mumbai, Chennai, Kolkata).
40% for Non-Metros.
Note: You cannot claim HRA exemption if you live in your own house or if you don't pay any rent. Also, PAN of the landlord is mandatory if annual rent exceeds ₹1,00,000.