Advanced HRA Calculator
Calculate your **HRA exemption, taxable income, and tax savings** under the **Income Tax Act**. Simply enter your details below.
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Tax-Saving Tips for HRA
- **Keep Rent Receipts:** Ensure you have **proper rent receipts** for proof.
- **Metro vs Non-Metro Difference:** In **metro cities**, HRA exemption is **50%** of salary; in **non-metro**, it’s **40%**.
- **Renting from Family:** If you pay rent to **parents**, make sure they declare it in their **ITR**.
- **Claim Correctly:** Use **Form 16** and declare HRA exemption properly.
By understanding **HRA exemption rules**, you can significantly **reduce your taxable income** and maximize your **tax savings**.
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