Home > House Rent Allowance (HRA) Calculator

House Rent Allowance (HRA) Calculator

HRA Calculation* :
  Yearly     Monthly
Salary* :
HRA Received* :
Rent Paid* :
Place of residence* :
  Metro City     Other

(Delhi, Mumbai, Kolkata or Chennai)

RESULTS
HRA Exempt :

Month Salary HRA Received Rent Paid City HRA Exempt
April
May
June
July
August
September
October
November
December
January
February
March
Total




House Rent Allowance (HRA) is an allowance paid by the employer to its employees for covering their house rent.

A deduction from such HRA is allowed under section 10(13A), which is least of the following: –

  • HRA received
  • 40% of salary (50% of the salary if the rented property is in Metro City i.e. Mumbai, Delhi, Chennai or Kolkata)
  • Actual rent paid less 10% of salary
Example
Basic Salary + Dearness Allowance (Rs 1,00,000 * 12)

12,00,000

HRA (Rs 45,000 *12)

5,40,000

Rent of house in Delhi (Rs 30,000 * 12)

3,60,000

Solution
a) HRA received

5,40,000

b) 50% of the salary as the rented property is in metro city

6,00,000

c) Actual rent paid less 10% of salary (3,60,000 – 1,20,000)

2,40,000

HRA Exempt u/s 10(13A) (least of the above)

2,40,000

 

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