HRA Calculator for House Rent Allowance Exemption

HRA Calculator, is to help calculate House Rent Allowance exemption, rebate for the salaried individual from the HRA received from your Employer / Salary for AY2019-20. Also consider special rebate for Metro residents such as Delhi & explains the method of calculation and deduction under 80GG.

HRA is house rent allowance paid by employer to meet tax payer rent expenses and this amount is tax free up-to certain extent

Calculation: HRA is exempt to the extent of the minimum of the following 3 amounts:

1. Actual HRA Amount Received
2. Excess of Rent paid by the tax payer over 10 % of salary
3. 50% of the salary if residential house is situated at Mumbai, Kolkata, Delhi, Chennai. 40% of the salary if residential house is situated at city other than above metropolitan cities.