HRA Calculator
Calculate your HRA exemption amount for tax savings
Important Notes
Metro Cities
- Delhi NCR
- Mumbai, Navi Mumbai
- Kolkata
- Chennai
- Hyderabad
- Bangalore
Documents Required
- Rent receipts
- Rent agreement
- Landlord's PAN (if rent > ₹1 lakh per year)
- Form 16 for salary details
HRA Tax Saving Tips
- Keep rent receipts and agreement safely for tax filing
- If rent exceeds ₹1 lakh annually, collect landlord's PAN details
- Consider declaring parent's house rent if staying with them
- HRA exemption is not available under the new tax regime
Frequently Asked Questions
HRA exemption is the minimum of: actual HRA received, 50% of basic salary (metro cities) or 40% (non-metro), or rent paid minus 10% of basic salary.
You need rent receipts, landlord's PAN (if rent > ₹1 lakh/year), and rent agreement to claim HRA exemption.
No, HRA exemption is not available under the New Tax Regime. It's only applicable under the Old Tax Regime.