India HRA House Rent Allowance Exemption Formula Calculator

Calculate India HRA exemption as the minimum of: actual HRA received, 50%/40% of basic salary (metro/non-metro), or rent paid minus 10% of basic salary, reducing taxable income under Section 10(13A).

Principal ($)
Annual Rate (%)
Years
Compounding / Year
$ Finance Disclaimer: These calculators are for educational and illustrative purposes only. Results do not constitute financial advice. Consult a licensed financial advisor before making investment or borrowing decisions.
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How to Use

Enter the values for the scenario you are assessing. Calculate India HRA exemption as the minimum of: actual HRA received, 50%/40% of basic salary (metro/non-metro), or rent paid minus 10% of basic salary, reducing taxable income under Section 10(13A). Use the india hra exemption result to inform your calculation.

Frequently Asked Questions