Tools
Fileraz
Tools
Fileraz
Try jpg to png, compress image, pdf…
Finance & Money Calculator
Illustrative math, reviewed October 2026 — not financial, tax, or legal advice. Verify rates and slabs before you sign or file.
Your files never leave your device
Check your Network tab and see
Work starts the moment you drop a file
No daily limit, no sign-up, no watermark
HRA exemption is the minimum of: actual HRA received; rent paid minus 10% of basic salary; and 50% of basic for a metro city (40% for non-metro). Whichever is smallest is the exempt portion — the rest is taxable. Example: ₹5,00,000 basic, ₹2,00,000 HRA received, ₹1,80,000 rent in a metro gives min(2,00,000; 1,30,000; 2,50,000) = ₹1,30,000 exempt, with the balance of HRA taxable.
Enter annual basic (with DA where applicable), HRA received, and actual annual rent paid — then set the city toggle. Only Delhi, Mumbai, Kolkata, and Chennai qualify for the 50% metro figure; everywhere else uses 40%. The page shows all three candidate amounts so you can see which one binds: usually it is the rent-minus-10% leg for high-rent payers.
It gives no benefit under the new tax regime, does not verify rent receipts or metro classification, and does not compute your full liability — use the income-tax estimator for the slab math.
Illustrative math only — not financial advice or a bank quote.
Tax and statutory rules change; verify with a professional.
For HRA, the four metros are Delhi, Mumbai, Kolkata, and Chennai, which qualify for the 50% figure. Everywhere else uses 40%.
No. The exemption applies under the old regime only. If you opted for the new regime, your full HRA is taxable and this calculation does not apply.
No. It stays in the browser tab.
That is the promise behind every tool here. Files are read in your browser tab, processed there, and discarded when you close it — never uploaded to our servers.