HRA Calculator FY 2026-27 – House Rent Allowance Exemption
Compute your statutory tax-exempt House Rent Allowance under Section 10(13A) read with Rule 2A. Compare the 3 statutory limits for metro (50%) and non-metro (40%) cities, verify landlord PAN requirements under Rule 26C, and optimize your deductions under the Old Tax Regime.
Compare New vs Old Tax Regime with HRA Exemption
Find out whether claiming HRA in the Old Regime saves you more tax than the New Regime's ₹12 Lakhs zero tax rebate.
The 3 Statutory Limits under Section 10(13A) Read with Rule 2A
Actual HRA Received
The exact total House Rent Allowance component received from your employer as stated in your monthly salary slips or Form 16 Part B.
Rent Paid Minus 10% Salary
Total residential rent paid during the financial year minus 10% of basic salary (+ DA if forming part of retirement benefits).
50% or 40% of Basic Salary
50% of basic salary (+ DA) if accommodation is in Delhi, Mumbai, Kolkata, or Chennai. 40% of basic salary for all other cities across India.
Frequently Asked Questions (FAQ)
How does the Section 10(13A) HRA exemption rule work?
Under Section 10(13A) read with Rule 2A, the tax-exempt portion of House Rent Allowance is the lowest of three limits: 1) Actual HRA received, 2) Rent paid in excess of 10% of basic salary (+ DA), and 3) 50% of basic salary for metro cities or 40% for non-metro cities. The lowest amount is fully exempt from income tax.
Is HRA exemption available under the New Tax Regime (FY 2026-27)?
No. Under Section 115BAC (New Tax Regime), HRA exemptions under Section 10(13A) are not permitted. If you claim HRA exemption, you must opt for the Old Tax Regime. You can compare whether Old or New Regime saves you more tax using our live Income Tax Calculator.
What is the landlord PAN requirement under Rule 26C?
Under Rule 26C of the Income-tax Rules, if your total annual rent paid exceeds ₹1,00,000 (i.e. more than ₹8,333 per month), you must furnish the Permanent Account Number (PAN) of your landlord to your employer to claim HRA exemption without tax deduction at source.
Can I claim both HRA exemption and Home Loan interest deduction?
Yes, provided you own a home in a different city or location and live in a rented accommodation near your workplace due to genuine employment reasons. In such cases under the Old Tax Regime, you can claim HRA under Section 10(13A) and home loan interest under Section 24(b) up to ₹2,00,000.