Calculate HRA exemption
The HRA calculator estimates house rent allowance exemption for salaried users based on salary, HRA received, rent paid, and metro or non-metro city status.
- Enter basic salary, dearness allowance where applicable, HRA, and rent.
- Choose metro city status correctly because the salary percentage differs.
- Keep rent receipts, agreement, and landlord PAN details where required.
- Compare total tax under old and new regime after calculating HRA.
Note: HRA exemption is generally relevant under the old tax regime and should be checked against current tax rules.