Income Tax in India: Old vs New Regime Explained
How India's income tax works, the difference between the old and new regimes, the deductions that matter, and a clear way to decide which one saves you more — with a worked comparison.
HRA Calculator
Verified formula Updated Jun 2026 Private — runs on your device
Verified formula
Private
Exempt HRA
₹1,80,000
- Rent − 10% of basic
- ₹1,80,000
- 50% / 40% of basic
- ₹3,00,000
- Taxable HRA
- ₹1,20,000
For general information only — not financial, tax, legal or medical advice. Verify before you rely on it.
How to use the HRA Calculator
The HRA Calculator works out your exempt hra, along with 3 related figures in an instant. Enter basic salary (annual), hra received (annual) and rent paid (annual) and the result updates as you type — it is free, needs no sign-up, and runs entirely in your browser so your figures stay private.
- Enter the basic salary (annual).
- Enter the hra received (annual).
- Enter the rent paid (annual).
- Enter the city type.
- Read off your exempt hra, together with rent − 10% of basic, 50% / 40% of basic and taxable hra — the calculator updates automatically, with no button to press.
Worked example
For example, with basic salary (annual) of ₹600,000, hra received (annual) of ₹300,000, rent paid (annual) of ₹240,000 and city type of 1, the exempt hra is ₹1,80,000.
| Basic salary (annual) | ₹600,000 |
|---|---|
| HRA received (annual) | ₹300,000 |
| Rent paid (annual) | ₹240,000 |
| City type | 1 |
| Rent − 10% of basic | ₹1,80,000 |
|---|---|
| 50% / 40% of basic | ₹3,00,000 |
| Exempt HRA | ₹1,80,000 |
| Taxable HRA | ₹1,20,000 |
Results are estimates for educational use, not professional advice.
Key terms explained
- HRA
- House Rent Allowance — a salary component that can be partly exempt from income tax.
Frequently asked questions
The exemption is the least of: actual HRA received; rent paid minus 10% of basic salary; and 50% of basic for metro cities or 40% for non-metro cities. The balance is taxable.
For HRA, only Delhi, Mumbai, Kolkata and Chennai are treated as metro cities, qualifying for the 50% limit. All other cities use the 40% limit.
No. The HRA exemption under Section 10(13A) is available only under the old tax regime. If you opt for the new regime, HRA is fully taxable.
Yes. To claim HRA you should keep rent receipts, and if annual rent exceeds ₹1 lakh you must report the landlord's PAN to your employer.
Enter the basic salary (annual). Enter the hra received (annual). Enter the rent paid (annual). Enter the city type. Read off your exempt hra, together with rent − 10% of basic, 50% / 40% of basic and taxable hra — the calculator updates automatically, with no button to press.
Related guides
HRA Table: Rent − 10% of basic by Basic salary (annual)
Reference table of rent − 10% of basic for HRA across a range of basic salary (annual) values — exact, engine-computed figures you can read off at a glance.
How to Calculate HRA: Formula, Steps & Examples
Learn how to calculate HRA — the formula explained step by step, with worked examples and a free calculator to check your answer.
Income Tax Table: Tax before rebate by Annual taxable income
Reference table of tax before rebate for Income Tax across a range of annual taxable income values — exact, engine-computed figures you can read off at a glance.