HRA Exemption Calculator

How the exemption works — s. 10(13A) r/w Rule 2A

The exemption is the least of these three:

• Actual HRA received;
• Rent paid minus 10% of salary;
• 50% of salary (Delhi, Mumbai, Kolkata, Chennai) or 40% (other cities).

"Salary" = Basic + Dearness Allowance (to the extent it forms part of retirement benefits) + commission as a fixed % of turnover. Computed annually here, assuming figures are constant; where salary, HRA, rent or city changes during the year, work it out period-wise. The exemption is available only under the old regime.