HRA Calculator – House Rent Allowance Exemption 2024-25
Calculate HRA tax exemption under Section 10(13A) for metro and non-metro cities.
Inputs
Breakdown
–HRA is exempt
Annual HRA Received
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HRA Exemption
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Taxable HRA
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Disclaimer: All calculations are for educational and illustrative purposes only. Results are estimates and do not constitute financial, tax, or investment advice. Tax calculations are based on FY 2024-25 rules. Actual returns may vary. Consult a SEBI-registered financial adviser or CA before making financial decisions. MarketFreeze is not a SEBI-registered investment adviser.
Frequently Asked Questions
How is HRA exemption calculated?▾
Minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of basic+DA, (3) 50%/40% of basic+DA for metro/non-metro.
Paying rent to parents?▾
Yes – pay by bank transfer, get rent receipts. Parents declare as rental income. Completely legal.
No HRA from employer?▾
Claim Section 80GG deduction instead – up to Rs60,000/year.