This allowance is paid to Government employees and pensioners to hedge the impact of inflation (to adjust the cost of living).
Please enter "0" in case you do not receive dearness allowance.
House Rent Allowance (HRA) is the allowance paid as a part of salary by an employer to their employee as a compensation for rented accommodation-related expenses incurred by the employee. Salaried individuals who live in a rental accommodation can claim HRA exemption.
You can use Tax Ninja's HRA exemption calculator to calculate what portion of the HRA is exempt from tax and how much HRA is taxable for FY 2022-23 (AY 2023-24).
Actual HRA received |
₹
|
Rent Paid in excess of 10% of salary |
₹
|
40% of Basic Salary |
₹
|
Actual HRA received |
₹
|
Rent Paid in excess of 10% of salary |
₹
|
40% of Basic Salary |
₹
|