Finance

HRA Exemption Calculator

House rent allowance exemption.

Parameters Live Compute
Calculated Output
Exempted HRA (₹) 90,000
Step-by-Step Breakdown
1. Values used:
2. HRA received = 120,000 ₹
3. Annual rent paid = 150,000 ₹
4. Basic salary = 600,000 ₹
5. Exempted HRA = 90,000₹
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Minimum of actual HRA, rent−10% basic, or 50% basic (metro).

Frequently Asked Questions

Non-metro?

40% of basic instead of 50%.

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