Finance & Tax Calculators
Calculate House Rent Allowance (HRA) tax exemption under Section 10(13A) of Income Tax Act. Compare metro vs non-metro tax savings instantly.
Monthly rent equivalent: ₹15,000/month
* Metro cities: Delhi, Mumbai, Kolkata, Chennai. All other cities are Non-Metro.
₹1,20,000
Amount deducted from taxable income
₹1,20,000
Added to taxable salary
✓ The lowest of these three amounts (₹1,20,000) is your tax-free HRA exemption.
House Rent Allowance (HRA) is one of the most substantial tax-saving components of a salaried employee's compensation package in India. Under Section 10(13A) of the Income Tax Act, the exempt amount is calculated as the lowest of three statutory rules. UtilityHub's HRA Calculator automatically computes your exact tax exemption.
HRA exemption is the minimum of three amounts: (1) Actual HRA received from employer, (2) Actual rent paid minus 10% of basic salary + DA, or (3) 50% of basic salary for metro cities (Delhi, Mumbai, Kolkata, Chennai) or 40% for non-metro cities.
No. HRA exemption under Section 10(13A) is available exclusively under the Old Tax Regime. The New Tax Regime does not permit HRA deduction.
Yes, if your annual rent payment exceeds ₹1,00,000 (approx ₹8,333/month), declaring your landlord's PAN is mandatory to claim HRA exemption.
Yes, you can pay rent to your parents and claim HRA exemption provided your parents own the property, you make banking transfers, and they declare the rental income in their tax returns.