Calculator
HRA calculator
HRA exemption by the least-of-three rule.
≈ ₹6.00 L
≈ ₹2.40 L
≈ ₹3.00 L
- Exempt
- ₹2,40,000
- Taxable HRA
- ₹0
Read this before you act on the number
- Can I Pay Rent to My Parents to Claim HRA and Save Tax?
Yes, paying rent to your parents and claiming HRA is legal if the arrangement is genuine, documented, and they declare the income — here are the conditions and
- How to Save Income Tax on Salary in 2026
Save income tax on salary in FY 2026-27: new vs old regime first, then 80C, HRA, 80D, home loan — each marked for the regime where it works.
Maths: Least of: HRA received, rent minus 10% of basic, 50%/40% of basic (metro/non-metro). Old regime only. Verify rates against the lender's or fund's current card before acting.
Questions about this calculator
- How does the HRA calculator work?
- Least of: HRA received, rent minus 10% of basic, 50%/40% of basic (metro/non-metro). Old regime only. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.
- Are the default rates current?
- No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.
- Is the HRA calculator free to use?
- Yes. It runs in your browser, with no login and no inputs sent to a server.