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HRA Exemption Calculator 2026
🔍 Reviewed by FinMandi Research Team · ✓ Standard banking formula · ✓ Cross-checked against published bank calculator results · Updated May 2026
Calculate your House Rent Allowance tax exemption under Section 10(13A) · Metro vs Non-Metro · Full formula breakdown · Instant result
👨‍💼 Reviewed by FinMandi Research Team — 10+ years banking · Verified May 2026 ✓ Cross-checked against official sources
🏙️ Metro City
Delhi · Mumbai · Kolkata · Chennai — 50% of Basic
🏘️ Non-Metro City
Bangalore · Hyderabad · Pune · Others — 40% of Basic
Rs 50,000
Rs 10KRs 5L
Rs 20,000
Rs 1KRs 3L
Rs 18,000
Rs 0Rs 3L
HRA Exemption (Annual)
Rs 1,56,000
Taxable HRA
Rs 84,000
Tax Saved (30% slab)
Rs 46,800
📐 Formula Breakdown — How Exemption is Calculated
① Actual HRA received (annual)Rs 2,40,000
② Rent paid minus 10% of Basic (annual)Rs 1,56,000
50% of Basic Salary (annual) MetroRs 3,00,000
✅ HRA Exemption = Minimum of ①②③Rs 1,56,000

💡 Landlord PAN Rule: If annual rent exceeds Rs 1 lakh, you must provide landlord's PAN to your employer. Pay rent by bank transfer — it creates a paper trail and makes claiming easier while filing ITR.

⚠️ Bangalore, Hyderabad and Pune are Non-Metro for HRA — only 40% of basic applies, not 50%. This is the most common HRA calculation mistake.

Also read: Complete HRA Exemption Guide 2026  ·  All Tax Saving Tips  ·  New vs Old Tax Regime  ·  80C Tax Saving Calculator

⚠️ Disclaimer: Results are indicative and for informational purposes only. Actual amounts may vary based on your provider's specific terms, applicable charges, and other factors. FinMandi is an independent information platform — not a bank, NBFC, insurer, or registered investment adviser. Always verify figures directly with your bank or financial provider before making any financial decision.