HRA exemption (old regime)
Exempt house rent allowance for a salaried person: the least of three amounts.
HRA exemption is available only under the old tax regime. The list of cities taxed at 50% is prescribed in the rules and has been revised; confirm whether your city qualifies. Rent above ₹1,00,000 a year needs the landlord's PAN.
Basis: Income-tax rates and limits for tax year 2026-27 (Income-tax Act, 2025, as amended by the Finance Act, 2026), for resident individuals. Rates and formulas last checked on 9 November 2026.
An estimate for general information, printed from https://ameeshguptaco.com/tools/hra/. It is not professional advice on your facts; please consult us before acting on it.