House Rent Allowance (HRA) Calculation 2023: Salaried employees living in rented accommodation can claim HRA exemption against the rent paid in a financial year. This facility is not available to ...

If you're a salaried employee filing Income Tax Returns (ITR) in 2025, you’ve probably wondered whether HRA (House Rent Allowance) still offers tax relief—especially under the new tax regime.

The basic salary is Rs 8 lakh annually. Here is how the HRA tax exemption will be calculated: a) Actual HRA received - Rs 3,20,000 b) 50% of salary for living in metro city - Rs 4,00,000 (50% of ...

How to calculate HRA exemption? According to Section 10 [13A] of the Income Tax Act, 1961, salaried individuals in India can claim an exemption on their House Rent Allowance (HRA). This exemption ...

It provides tax-saving opportunities for employees living in rented accommodation under the old tax regime, subject to defined calculation factors. The tax exemption for HRA is determined by the ...

Calculating HRA exemption can be tricky with changing laws and formulas. A valuable tool to simplify calculation is the online HRA calculator. Keep reading to learn about the HRA tax rules ...

HRA calculation: There are certain conditions that should be met if a taxpayer wants to avail the benefits of HRA exemption. Let’s understand in depth who can avail the benefits of HRA exemption and ...

By asking him about how is tax exemption from HRA calculated, Archit Gupta said the deduction available is the least of the following amounts: 1) Actual HRA received 2) 50% of [basic salary + DA ...

To figure out how much HRA exemption you are eligible for, consider these three values which include: a. The actual rent allowance the employer provides you as part of your salary, b. the actual ...