HRA Exemption Calculator
HRA Exemption: a planned Super Calculator tool. Covers basic salary (INR). Stub page: the tool, its formula and a worked example are not published yet.
HRA Exemption Calculator is a planned calculator in the tax section of Super Calculator, covering income tax.
What this calculator will compute
Inputs: basic salary (INR), dearness allowance (INR), HRA received (INR), rent paid (INR) and metro city flag.
Outputs: exempt amount (INR), taxable HRA (INR) and which limb binds.
Formula, recorded as scope and not yet verified against a primary source: Exempt house rent allowance is the least of three amounts: the actual allowance received, rent paid less 10% of salary, and 50% of salary in metro cities or 40% elsewhere. Available only under the old regime.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.