HRA Exemption Calculator — Delhi (Metro, 50% Rule)
For Delhi (metro): basic ₹6L, HRA received ₹3L, rent paid ₹2.4L. HRA exempt = min(₹3L, 50% of ₹6L = ₹3L, ₹2.4L − 10% of ₹6L = ₹1.8L) = ₹1.8 lakh tax-free. Taxable HRA: ₹1.2 lakh.
HRA Exempt (Tax-Free)
₹1,80,000
HRA Taxable
₹1,20,000
HRA exemption = minimum of: (1) HRA received, (2) 50%/40% of basic for metro/non-metro, (3) Rent paid minus 10% of basic. Only applicable under Old Tax Regime.
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Common questions about HRA Exemption Calculator — Delhi (Metro, 50% Rule)
Is Delhi considered metro for HRA?
Yes, Delhi is a metro city for HRA purposes. The four metro cities are Delhi, Mumbai, Kolkata, and Chennai. In metros, HRA exemption limit is 50% of basic salary; in non-metros, it's 40%.
Can I claim HRA under new tax regime?
No, HRA exemption is only available under the old tax regime. If you choose the new regime, you cannot claim HRA, 80C, home loan interest, or most other deductions. Evaluate total deductions before choosing.