Calculate House Rent Allowance (HRA) tax exemption and taxable portion under Section 10(13A).
Result
Applicable under the Old Tax Regime under Section 10(13A) and Rule 2A. HRA exemption is not permitted under the New Tax Regime.
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Exempt HRA = Min(Actual HRA, Rent - 10% Basic, 50%/40% Basic)
Basic ₹50,000, HRA ₹20,000, Rent ₹18,000 in Mumbai (Metro).
Annual exempt HRA: ₹1,56,000 | Taxable HRA: ₹84,000 | Monthly exempt: ₹13,000.
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Open calculatorNo. HRA exemption under Section 10(13A) is only available if you opt for the Old Tax Regime. The New Tax Regime does not allow HRA deductions.
Only Mumbai, New Delhi, Kolkata, and Chennai qualify for the 50% limit. All other Tier-1, Tier-2, and Tier-3 cities (including Bengaluru, Hyderabad, and Pune) are capped at 40%.
HRA tax exemption is calculated as the lowest of three statutory amounts: (1) Actual HRA received, (2) Rent paid minus 10% of Basic salary, or (3) 50% of Basic salary for metros (40% for non-metros).
If annual rent paid exceeds ₹1,00,000, employees must provide their landlord's PAN to their employer to claim the tax exemption.