HRA Calculator

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Determine the amount of (HRA) that can be claimed as tax-exempt, reducing the taxable income and lowering the tax liability.

A House Rent Allowance (HRA) Calculator is a digital tool designed to help salaried individuals determine the exempt portion of their HRA for tax-saving purposes. Since HRA is a component of a salary package and partially exempt from tax under Section 10(13A) of the Income Tax Act, this calculator simplifies the process of computing the exempt and taxable portions of HRA. By providing accurate calculations, the HRA calculator helps taxpayers maximize their tax savings while ensuring compliance with tax regulations. House Rent Allowance (HRA) is a component of a salary paid by employers to employees to help them meet the cost of living in rented accommodation. It is particularly relevant for individuals who do not own a house and are renting a place to live.