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House Rent Allowance (HRA) is a component in the salary provided by employers to help salaried individuals cover the cost of renting a home. It is partially or fully exempt from income tax under Section 10(13A) of the Income Tax Act. The actual amount of exemption depends on various factors, including your salary, rent paid, and the city in which you reside. HRA Calculator is an easy to use tool that you can use to calculate your HRA exemption instantly.
₹45,000
₹205,000