HRA Exemption Formula Section 10(13A) kya hai?

HRA tax exemption 3 conditions mein se minimum value hoti hai: 1) Actual HRA received, 2) 50% basic salary (Metro cities) ya 40% basic salary (Non-Metro cities jaise Amravati, Akola, Nagpur), 3) Actual rent paid minus 10% of basic salary.

Kya New Tax Regime mein HRA exemption milta hai?

Nahi, Section 115BAC ke tehat New Tax Regime mein HRA exemption claim nahi kiya ja sakta. HRA tax exemption sirf Old Tax Regime mein available hai.

HRA exemption ke liye Landlord PAN kab zaruri hai?

Agar aapka annual rent payment Rs. 1,00,000 (Rs. 8,333/month) se adhik hai, to Income Tax Department ke tehat Landlord ka PAN detail dena compulsory hai.

💰 Income Tax Utility (Section 10-13A)

HRA Tax Exemption Calculator

Calculate your exact House Rent Allowance (HRA) tax exemption and total income tax savings under the Old Tax Regime.

Basic Salary + DA (Monthly ₹) *

₹

Monthly basic pay received from employer.

HRA Received (Monthly ₹) *

₹

Monthly HRA component on your payslip.

Actual Rent Paid (Monthly ₹) *

₹

Monthly rent paid to your house owner.

City Type *

Tax Bracket *

Tax Exempt HRA

₹1,32,000 / yr

₹11,000 per month (Tax Free)

Taxable HRA Amount

₹84,000 / yr

₹7,000 per month (Taxable)

Estimated Tax Saved

₹27,456 / yr

Under Old Tax Regime (incl 4% cess)

📊 Section 10(13A) Formula Breakdown (Annual)

Least of 3 conditions is exempt

Condition 1: Actual HRA Received₹2,16,000

Condition 2: 40% of Basic Salary₹1,92,000

Condition 3: Rent Paid minus 10% of Basic Pay 👈 (Minimum Selected)₹1,32,000

ℹ️ Old vs New Tax Regime Rule:

HRA exemption can only be claimed if you opt for the Old Tax Regime. Under the New Tax Regime (u/s 115BAC), no HRA exemption is allowed.

🧾 Generate Free Rent Receipts for HRA Claim →📲 Install GharKhoj App (Direct Owner Homes)

How to Calculate HRA Tax Exemption under Section 10(13A)

House Rent Allowance (HRA) is a crucial salary component provided by employers to cover rental accommodation expenses. Under Section 10(13A) of the Indian Income Tax Act, 1961, salaried individuals can claim tax exemptions on HRA to significantly reduce their annual income tax liability.

Rules for HRA Exemption Calculation:

Non-Metro Cities (Amravati, Akola, Nagpur, etc.): HRA exemption cap is 40% of (Basic Salary + DA).
Metro Cities (Mumbai, Delhi, Kolkata, Chennai): HRA exemption cap is 50% of (Basic Salary + DA).
Landlord PAN Mandatory Threshold: If your total rent paid in a financial year exceeds ₹1,00,000 (i.e. ₹8,333/month), providing your house owner's PAN to your employer is compulsory.