Tax
HRA Exemption Calculator
The lowest of three formulas decides your exemption. This works out which.
₹9 L
₹0₹9,00,000₹5 Cr
₹4.5 L
₹0₹4,50,000₹2 Cr
₹4.8 L
₹0₹4,80,000₹2 Cr
HRA exemption
₹3,90,000
- Exempt87%
- Taxable13%
- HRA received
- ₹4,50,000
- 50% of basic
- ₹4,50,000
- Rent minus 10% of basic
- ₹3,90,000
- Taxable HRA
- ₹60,000
- Limited by
- Rent paid minus 10% of basic
What this means.HRA exemption is only available under the old regime. If annual rent exceeds ₹1 lakh you must report the landlord’s PAN. Rent paid to a parent who owns the house is allowed — they must declare it as rental income.
Worth knowing.Results are estimates based on the assumptions you enter. Actual outcomes depend on the exact terms offered to you, the compounding convention your institution uses, and tax law as it applies to your situation. Nothing here is personalised advice.
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This calculator runs entirely in your browser. Your income, loan amount, salary and any other figure you type is never transmitted to Credsir or anyone else. Nothing is stored, logged or shared.