HRA Exemption Calculator — ₹20000 Rent
Paying ₹20000 rent in a metro city? Calculate your exact House Rent Allowance (HRA) exemption under the Old Tax Regime.
Quick answer
If you pay ₹20000 in monthly rent in a metro city and receive an HRA of ₹16,000 on a basic salary of ₹40,000, your tax-exempt HRA is ₹16,000 per month. The remaining ₹0 of your HRA will be added to your taxable income under the Old Tax Regime.
₹
₹ 5,000₹ 5,00,000
₹
₹ 0₹ 2,00,000
₹
₹ 0₹ 3,00,000
₹
₹ 0₹ 3,00,000
HRA exempt (monthly)
₹16,000
- Taxable HRA
- ₹0
- Annual exempt
- ₹1,92,000
Frequently asked questions
Income tax reference (FY 2025-26)
| New Regime — rebate up to | ₹12 lakh |
| Standard Deduction (New) | ₹75,000 |
| 80C limit (Old) | ₹1,50,000 |
| 80D self (< 60 yr) | ₹25,000 |
| Health & Edu cess | 4% |
Indicative rates compiled from public bank websites, RBI, and the Ministry of Finance for reference only. Actual rates depend on credit profile, tenure and product variant — confirm with the lender before applying.
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