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HomeFinanceHRA Calculator
Finance

HRA Calculator

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Calculate HRA exemption with three-condition breakdown, searchable city list, Form 12BB copy, annual tax saving, and metro/non-metro rules under Section 10(13A).

Form 12BBMetro CitiesTax SavingFree
₹
₹
₹
City type

Metro: Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad

HRA exemption applies only under the old tax regime. Not available under the new regime.
View
Three Conditions — Exemption = Minimum (Section 10(13A))
1Value 1: Actual HRA received
₹25,000
2Value 2: 50% of Basic Salary
₹25,000
3Value 3: Rent paid − 10% of Basic
₹15,000Min
HRA Exemption (Monthly)₹15,000
Taxable HRA₹10,000
Annual tax saving (30% slab)₹54,000
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Landlord PAN required if annual rent exceeds ₹1 lakh. Declare exempt HRA of ₹1,80,000 under old tax regime.

HRA Exemption = min(Actual HRA, 50%/40% of Basic, Rent − 10% of Basic)

The HRA exemption is the minimum of three values: actual HRA received, 50% of basic salary (metro) or 40% (non-metro), and actual rent paid minus 10% of basic salary. The exempted amount is tax-free.

SymbolMeaning
Actual HRAHRA received from employer per month
50% / 40%50% of basic (metro) or 40% (non-metro)
Rent − 10% BasicRent paid minus 10% of basic salary

How to Use

Step-by-step guide to get the most from this tool

  1. 1

    Enter salary details

    Input monthly basic, HRA received from salary slip, and rent paid.

  2. 2

    Select your city

    Choose from the searchable city list — metro cities auto-select 50% rule.

  3. 3

    Review three conditions

    See all three values and which gives the minimum exemption.

  4. 4

    Copy for Form 12BB

    Toggle annual view and copy exempt HRA for tax filing.

Features

What makes this tool stand out

🏠

Section 10(13A)

Standard three-condition HRA calculation.

🏙️

City search

Searchable dropdown with metro/non-metro auto-select.

📋

Form 12BB

Copy-ready summary for employer declaration.

💰

Tax saving estimate

Annual tax saved at 30% slab.

📊

Annual toggle

Switch between monthly and annual values.

🇮🇳

India rules

PAN threshold and old-regime note included.

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Frequently Asked Questions

Quick answers to common questions

How is HRA exemption calculated?+

HRA exemption is the minimum of three values: actual HRA received, 50% of basic (metro) or 40% (non-metro), and rent paid minus 10% of basic salary.

Which cities are metros for HRA?+

Mumbai, Delhi, Kolkata, Chennai, Bengaluru, and Hyderabad are commonly treated as metro cities with 50% of basic. Other cities use 40%.

What is Form 12BB?+

Declaration form for HRA and other exemptions submitted to your employer for TDS deduction.

Can I claim HRA if I live with parents?+

Yes, with a valid rental agreement and parents declaring rental income in their ITR.

Is HRA available under new tax regime?+

No. HRA exemption applies only under the old tax regime.

When is landlord PAN required?+

If annual rent exceeds ₹1 lakh, landlord PAN must be furnished to the employer.

How much tax do I save with HRA?+

Tax saved = annual HRA exemption × your tax slab rate. At 30% slab, multiply monthly exemption by 12 × 0.30.

What is taxable HRA?+

HRA received minus the exempt portion — the balance is added to your taxable salary under the old regime.

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