Verified Calculation Methodology
Reviewed by CalculatorAll.online Financial Editorial Studio•Last Updated: August 8, 2026
How to use this Claiming HRA Tax Exemption under Section 10(13A) calculator
Salaried individuals living in rented accommodations can claim HRA tax exemptions under the Old Tax Regime based on statutory provisions.
Key Calculation Assumptions
- Calculations assume fixed compounding frequencies unless custom compounding is selected.
- Results do not factor in unannounced statutory tax rate adjustments or customized bank penalty fees.
- Calculations serve educational decision-making and planning purposes.
Frequently Asked Questions (FAQs)
What three limits determine HRA tax exemption?
Exemption is the lowest of: 1) Actual HRA received, 2) Rent paid minus 10% of basic salary, or 3) 50% of basic salary for metros (40% for non-metros).
Is HRA tax exemption available under the New Tax Regime?
No, HRA tax exemption is strictly available only under the Old Tax Regime.
When is landlord PAN card mandatory?
If total rent paid in a financial year exceeds ₹1,00,000, declaring the landlord's PAN is mandatory.
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Financial Disclaimer: Calculations produced by CalculatorAll.online are estimates for informational and educational purposes only. Market interest rates, tax laws, and bank terms vary. These figures do not constitute personalized investment, legal, tax, or credit advice. Always consult a certified financial advisor before finalizing financial decisions.