Calculate STCG (20%) and LTCG (12.5% above ₹1.25L exemption) on equity, property, and capital assets.
HRA Exemption Calculator
HRA Exemption Calculator is a verified tax & gst compliance calculation tool on Calcify. Calculate tax-exempt House Rent Allowance (HRA) under Section 10(13A) for Metro and Non-Metro cities. All calculations execute locally in your browser with multi-currency support, visual breakdowns, and white-label client exports.
Input Parameters
#043 / 218Taxable HRA added to salary: ₹1,32,000
Exempt HRA = Min(Actual HRA Received, 50%/40% of Basic, Actual Rent Paid - 10% of Basic)
Example Calculation & Assumptions
Example Inputs: Annual Basic Salary + DA: ₹720000 · Annual HRA Received from Employer: ₹360000 · Annual Actual Rent Paid: ₹300000 · City Classification: metro
Example Output: Tax-Exempt Annual HRA: ₹2,28,000 (Taxable HRA added to salary: ₹1,32,000)
- Applicable under the Old Income Tax Regime pursuant to Section 10(13A) of the Income Tax Act.
Frequently Asked Questions
How does the HRA Exemption Calculator on Calcify calculate results?
The HRA Exemption Calculator on Calcify applies the verified mathematical formula: Exempt HRA = Min(Actual HRA Received, 50%/40% of Basic, Actual Rent Paid - 10% of Basic). Every input is validated in real time with multi-currency formatting to ensure zero rounding or division errors.
What key assumptions are used in the HRA Exemption Calculator?
Applicable under the Old Income Tax Regime pursuant to Section 10(13A) of the Income Tax Act.
Can I export or share the HRA Exemption Calculator report with my own company branding?
Yes. On Calcify, you can click the Share button to share via native mobile/desktop share sheets, or click "Export Report" -> "Export with My Branding" to upload your logo, add company details, and download a custom PDF, PNG, or CSV report powered by Calcify.
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