Metro: Delhi, Mumbai, Kolkata, Chennai | Non-Metro: All other cities
Basic + DA (if DA forms part of retirement benefits)
House Rent Allowance from your employer
Actual rent paid to landlord
₹0
Exemption is the minimum of the following:
₹20,000 - ₹5,000
Lowest of above three values
Note: Tax savings shown assume 30% tax bracket. Actual savings depend on your income tax slab.
₹0
Exempt/Year
₹0
Taxable/Year
House Rent Allowance (HRA) is a component of salary paid by employers to employees for accommodation expenses. A portion of HRA is tax-exempt under Section 10(13A) of the Income Tax Act.