HRA Calculator for ₹1.5L/month Salary — ₹18 L Basic
On ₹18 L basic salary with ₹9 L HRA and ₹6 L rent (metro): your HRA exemption is ₹4.20 L.
HRA Exemption
₹1.80 L
Taxable HRA
₹1.20 L
Rule Applied
Rent paid minus 10% of Basic
Three-Rule Comparison
1. Actual HRA: ₹3.00 L
2. 50% of Basic: ₹3.00 L
3. Rent − 10% Basic: ₹1.80 L ← Lowest
💡 HRA Exemption on ₹18 L Basic Salary
For a basic salary of ₹18 L (₹1.5L/month), HRA received of ₹9 L, and rent paid of ₹6 L in a metro city, the three HRA rules give: (1) Actual HRA: ₹9 L, (2) 50% of Basic: ₹9 L, (3) Rent − 10% Basic: ₹4.20 L.
The minimum of these three is ₹4.20 L — this is your exempt HRA. The remaining ₹4.80 L is added to your taxable income. At the 30% tax bracket, this exemption saves you approximately ₹1.26 L in taxes.
₹18 L basic, ₹9 L HRA, ₹6 L rent (metro) → Exempt: ₹4.20 L | Taxable: ₹4.80 L.