What is HRA?
House Rent Allowance (HRA) is a component of your salary provided by your employer to cover your housing expenses. If you live in a rented house, you can claim a part of your HRA as a tax deduction, based on certain conditions. But calculating the exempt amount manually can be tricky. That’s where our online HRA calculator comes in handy.
How to Use the Online HRA Calculator?
It’s simple and free! Just enter the following details:
- Your basic salary
- HRA received from your employer
- Actual rent paid
- City of residence (metro or non-metro)
Our HRA Calculator will instantly show you the exempt and taxable portions of your HRA.
Why Use Our HRA Calculator Online?
- 100% Free and Secure
- & Easy Calculations
- Based on the Latest Income Tax Rules
- No Sign-up Required
- Ideal for Salaried Individuals, Tax Professionals & Employers