If you're a salaried individual, you can claim House Rent Allowance (HRA) to meet your rented accommodation-related expenses. Salaried individuals who live in a rented house can claim this exemption and bring down their taxes.HRA can be fully or partially exempt from tax. Our HRA exemption calculator will help you calculate what portion of the HRA you receive from your employer is exempt from tax and how much is taxable.

If you don't live in a rented accommodation but still get house rent allowance, the allowance will be fully taxable.

How much of my HRA is exempt from tax? The entire HRA received is not always fully exempt from tax. The least of the following three will be taken to exempt from tax:

HRA received from your employer Actual rent paid minus 10% of salary 50% of basic salary for those living in metro cities 40% of basic salary for those living in non-metro cities

Enter range of your basic salary..
70000
80000
Enter range of your HRA received from your employer
30000
35000
Enter range of rent you paid to house
30000
35000
Are you living in Metro city (Delhi, Kolkata, Mumbai, Chennai)
false
You're entered following details ...........
Basic salary range from 70000.0 to 80000.0
Basic HRA received from 30000.0 to 35000.0
Basic Paid HRA range from 30000.0 to 35000.0

***************************************************
Maximum house rent exemption is 28000.0
Desire basic salary is 70000.0
Desire HRA component value is 30000.0
Desire HRA paid value is 35000.0
***************************************************

You want continue ... Please enter true for continue...
false