HRA Calculator — HRA Exemption Calculator Section 10(13A)

HRA (House Rent Allowance) is a salary component provided by employers to cover rental expenses. Under Section 10(13A) of the Income Tax Act, a portion of HRA is exempt from tax if you live in a rented accommodation.

HRA Exemption Formula

Key Rules for HRA Exemption

• Only available under Old Tax Regime — HRA exemption is NOT available under the New Tax Regime.
• You must actually pay rent — self-occupied house does not qualify.
• If rent exceeds ₹1,00,000/year, landlord's PAN is mandatory.
• You can claim HRA even if you own a house in a different city.
• Rent paid to spouse is not eligible for HRA exemption.
• Rent paid to parents is eligible (ensure rent agreement and bank transfer proof).

Section 80GG — No HRA? Claim Rent Deduction

If you don't receive HRA (self-employed or employer doesn't provide HRA), you can claim deduction under Section 80GG. The maximum deduction is ₹5,000/month (₹60,000/year).