HRA Exemption Calculator Live
Exemption is the lowest of these three:
HRA Exemption Guide
HRA (House Rent Allowance) exemption is calculated under Section 10(13A). The exempt amount is the lowest of the following three conditions:
Consider a person living in Mumbai (Metro):
Tax Optimization
Calculate exactly how much rent you need to pay to fully claim your HRA component as tax-free.
Rent Planning
Understand the tax impact before negotiating rent with your landlord or deciding to move.
Regime Comparison
HRA is only available in the Old Regime. Use this to check if Old Regime saves you more tax than New Regime.
Q1: Who can claim HRA exemption?
Salaried individuals who receive HRA as part of their salary structure and live in rented accommodation can claim this exemption.
Q2: Can I claim HRA if I live with parents?
Yes, if you actually pay rent to them via bank transfer and they declare it as “Income from House Property” in their IT returns.
Q3: Is HRA available in the New Tax Regime?
No. HRA exemption is available only if you opt for the Old Tax Regime. The New Regime offers lower rates but fewer deductions.
Q4: Do I need landlord’s PAN?
Yes, if the annual rent payment exceeds ₹1,00,000, you must provide your landlord’s PAN to your employer.