Income Tax Calculator
Compare Indian old and new income tax regimes using salary, deductions, and surcharge logic.
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Salary & HR
HRA Calculator
Estimate HRA exemption, taxable HRA, and annual salary rent components for tax planning.
Exempt HRA
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Sample inputs are pre-filled so you can see a result quickly. Results are estimates only and may not be accurate because prices, interest rates, taxes, fees, fuel costs, tariffs, market returns, medical costs, and local rules can change. Please verify current values before making financial, tax, legal, medical, or business decisions.
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Default Sample Data
The fields below are pre-filled with example values so the calculator can show an instant demo result. Change any value to match your case.
Suggestion Type
Local smart rule-based estimate: Gizcalc currently uses deterministic formulas, scenario scoring, and rule-based suggestions. It does not call ChatGPT or a live external AI API unless you later connect an API key.
Disclaimer
Sample inputs are pre-filled so you can see a result quickly. Results are estimates only and may not be accurate because prices, interest rates, taxes, fees, fuel costs, tariffs, market returns, medical costs, and local rules can change. Please verify current values before making financial, tax, legal, medical, or business decisions.
About the HRA Calculator
The HRA Calculator helps salaried employees in India estimate the Home Rent Allowance exemption they can claim under the Income Tax Act. For most employees living in rented accommodation in a metro or non-metro city, HRA is one of the most significant exemptions available under the old tax regime — and it can meaningfully reduce the taxable income for the financial year.
HRA exemption is calculated as the minimum of three specific values: the actual HRA received from the employer, the actual rent paid minus 10% of basic salary, and 50% of basic salary for metro cities or 40% of basic salary for non-metro cities. Because all three conditions apply simultaneously and the minimum is chosen, the actual exemption can vary significantly depending on rent level, city classification, and salary structure.
This complexity is exactly why an HRA calculator is valuable. Most salaried users know they receive HRA and pay rent but are unsure how much of it is actually exempt. A calculator that takes all three components — actual HRA received, actual rent paid, and basic salary with city classification — and computes the minimum correctly is far more reliable than a manual calculation, especially when salary structures change mid-year or rent adjustments happen.
For users evaluating the old versus new tax regime, the HRA exemption is one of the key differentiators. Under the new regime, most exemptions including HRA are not available, which means metro renters who pay significant rent may find the old regime more beneficial if their HRA exemption is large. Gizcalc's HRA calculator connects naturally to the income tax comparison tool so you can run this analysis in one planning session.
For landlords and tenants, the HRA calculation also has an indirect implication — it affects the threshold above which tenants must collect a PAN from the landlord for rent receipts. Knowing the applicable HRA exemption helps both parties understand the documentation requirements. The calculator simplifies this by making the numbers transparent and easy to verify.
Gizcalc's HRA Calculator is built for Indian salaried users with city classification, basic salary input, and a clear breakdown of which of the three exemption conditions applies. It connects to income tax, salary breakup, and deduction planning tools so you can estimate your full tax picture in one session.
Frequently Asked Questions
It breaks down salary components, deductions, and take-home pay estimates based on the CTC and employment inputs you provide.
Salaried professionals evaluating new offers, HR teams preparing payroll estimates, and employees reviewing compensation changes.
The output is a planning estimate based on the inputs you enter. Actual results may vary depending on real-world conditions, specific rules, and current rates. Use it for comparison and planning, not as a final decision-making document.
Yes. Every calculator on Gizcalc is completely free to use, including smart rule-based suggestions, charts, scenario comparisons, and related tools.
Yes. If you create a free Gizcalc account, your calculation history is saved automatically so you can revisit, compare, and track changes over time.
Yes. The calculator is fully responsive and optimized for mobile browsers. All inputs, results, and charts work on smartphones and tablets without any loss of functionality.
Explore the related calculators shown on this page. Gizcalc's Salary & HR category includes dozens of connected tools that can help you extend, verify, or contextualise the result from the HRA Calculator.