Inputs & Parameters
TaxationYour basic salary + DA (if any)
HRA component in your CTC
Total rent paid to your landlord
City Type
Metro cities: Mumbai, Delhi, Kolkata, Chennai.
Exempt Amount
₹1,30,000
This amount is removed from your taxable income, reducing your tax burden.
Rule Breakdown
The amount your employer pays you as HRA
Rent paid minus 10% of Basic Salary
Based on living in a Metro city
HRA Compliance Checklist
Rent Agreement: Ensure you have a valid, signed agreement for the financial year.
PAN of Landlord: Required if the total rent paid exceeds ₹1,00,000 annually.
Rent Receipts: Collect monthly or quarterly receipts to submit as proof to your company's finance team.
Section 80GG: If you don't receive HRA but pay rent, you can claim deduction under 80GG instead.
Rent to Parents?
Yes, you can pay rent to parents to claim HRA. Ensure they declare this income and you have rent receipts.