Maximize your tax savings with our free HRA Exemption Calculator for FY 2025-26, designed for salaried employees in India. This tool estimates the tax-exempt portion of your House Rent Allowance (HRA) under the Old Tax Regime.
Enter your basic salary, HRA received, rent paid, and city type to instantly find the maximum deduction available under Section 10(13A). Use this insight to reduce your taxable income and plan your finances smarter!
The maximum HRA amount exempt from tax is the least of the following three conditions (per monthly basis):
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Read MoreAn HRA Exemption Calculator is an online tool that estimates the tax-exempt portion of House Rent Allowance (HRA) in India based on basic salary, HRA received, rent paid, and whether you live in a metro or non-metro city.
HRA exemption is determined by taking the minimum of three calculated values (HRA received, Rent Paid minus 10% of salary, and the statutory percentage of salary—50% for metro, 40% for non-metro). This is the amount exempt from tax.
For HRA exemption, the official metro cities in India are Delhi, Mumbai, Kolkata, and Chennai (DMKC). Residing in one of these cities qualifies you for the 50% basic salary exemption limit.
No, HRA exemption under Section 10(13A) is generally not available if you opt for the simplified New Tax Regime (Section 115BAC) in FY 2025-26. This calculator assumes calculation under the Old Tax Regime for individuals aiming to maximize tax benefits.