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India HRA Calculator 2022

Calculate House Rent Allowance Exemption (FY 2021-22 | AY 2022-23)

Introduction

🎯 What

India HRA Calculator 2022 calculates exempt and taxable House Rent Allowance as per Income Tax Act, 1961 (Section 10(13A) & Rule 2A).

👥 Who

Salaried employees receiving HRA, employees living in rented accommodation, tax planners and individuals.

💡 Why

To correctly calculate HRA exemption and reduce taxable income legally under Income Tax provisions.

🏠 HRA Calculation Details

💵 HRA Summary

Enter details and calculate

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HRA Exemption Rules (FY 2021-22)

HRA Exemption is the MINIMUM of:

  1. Actual HRA received from employer
  2. Rent paid minus 10% of Basic Salary (Basic + DA)
  3. 50% of Basic Salary (for Metro cities)
    OR 40% of Basic Salary (for Non-Metro cities)

Metro Cities

  • • Delhi
  • • Mumbai
  • • Chennai
  • • Kolkata

Exemption: 50% of Basic Salary

Non-Metro Cities

  • • All other cities
  • • Bangalore, Hyderabad, Pune
  • • Ahmedabad, Jaipur, etc.

Exemption: 40% of Basic Salary

Allowances & Deductions

Included in Basic Salary:

  • Basic Pay
  • Dearness Allowance (DA) - if it forms part of retirement benefits

Excluded from Basic Salary:

  • Bonus
  • Commission
  • Other allowances (transport, medical, etc.)
  • Overtime pay

No HRA Exemption if:

  • Living in own house (not paying rent)
  • No rent paid
  • HRA not received from employer
  • Living with parents (unless you pay them rent with proof)

Important Requirements:

  • Rent receipts mandatory for claiming exemption
  • PAN of landlord required if annual rent > ₹1,00,000
  • Rent agreement recommended for proof

HRA Calculation Examples

Example 1: Metro City (Mumbai)

Monthly Basic Salary: ₹50,000

Monthly HRA Received: ₹20,000

Monthly Rent Paid: ₹18,000

City Type: Metro

Calculation (Annual):

• Annual Basic = ₹50,000 × 12 = ₹6,00,000

• Annual HRA = ₹20,000 × 12 = ₹2,40,000

• Annual Rent = ₹18,000 × 12 = ₹2,16,000

• A) Actual HRA = ₹2,40,000

• B) Rent - 10% of Basic = ₹2,16,000 - ₹60,000 = ₹1,56,000

• C) 50% of Basic (Metro) = ₹3,00,000

HRA Exempt: MIN(A, B, C) = ₹1,56,000

Taxable HRA: ₹2,40,000 - ₹1,56,000 = ₹84,000

Example 2: Non-Metro City (Pune)

Monthly Basic Salary: ₹40,000

Monthly DA: ₹4,000

Monthly HRA Received: ₹15,000

Monthly Rent Paid: ₹12,000

City Type: Non-Metro

Calculation (Annual):

• Annual Basic + DA = (₹40,000 + ₹4,000) × 12 = ₹5,28,000

• Annual HRA = ₹15,000 × 12 = ₹1,80,000

• Annual Rent = ₹12,000 × 12 = ₹1,44,000

• A) Actual HRA = ₹1,80,000

• B) Rent - 10% of Basic = ₹1,44,000 - ₹52,800 = ₹91,200

• C) 40% of Basic (Non-Metro) = ₹2,11,200

HRA Exempt: MIN(A, B, C) = ₹91,200

Taxable HRA: ₹1,80,000 - ₹91,200 = ₹88,800

Frequently Asked Questions

Q: Is rent receipt mandatory for claiming HRA exemption?

A: Yes, rent receipts are mandatory for claiming HRA exemption during income tax return filing. Without proper documentation, the exemption may be disallowed.

Q: Can I claim HRA exemption without PAN of landlord?

A: If annual rent exceeds ₹1,00,000, providing landlord's PAN is mandatory. Below this threshold, PAN is not required.

Q: Is HRA exemption allowed for self-owned house?

A: No, HRA exemption is not allowed if you live in your own house. You must be paying rent to claim HRA exemption.

Q: Can I claim both HRA exemption and Home Loan deduction?

A: Yes, you can claim both if you own a house in one city and work/live on rent in another city. HRA exemption and home loan interest deduction (Section 24) are separate benefits.

Q: Can I pay rent to parents and claim HRA?

A: Yes, you can pay rent to parents and claim HRA exemption if you have proper rent agreement and payment proof. However, your parents must declare this rental income in their tax returns.

Disclaimer: This India HRA Calculator 2022 is for informational and educational purposes only. Actual HRA exemption may vary based on individual salary structure, employment terms, city classification, and specific Income Tax rules as per Section 10(13A) and Rule 2A. The calculator provides estimates only. Tax laws and exemption rules are subject to change and interpretation. Different employers may have different salary structures affecting the calculation. Always verify calculations with official Income Tax Department guidelines, Form 16, or consult a qualified Chartered Accountant (CA) or tax professional for accurate tax planning and compliance. Etaxing does not provide tax filing services and is not responsible for any tax-related decisions, claims, or legal consequences arising from the use of this calculator.