HRA Calculator for ₹50K/month Salary — ₹6 L Basic
On ₹6 L basic salary with ₹3 L HRA and ₹2.40 L rent (metro): your HRA exemption is ₹1.80 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 ₹6 L Basic Salary
For a basic salary of ₹6 L (₹50K/month), HRA received of ₹3 L, and rent paid of ₹2.40 L in a metro city, the three HRA rules give: (1) Actual HRA: ₹3 L, (2) 50% of Basic: ₹3 L, (3) Rent − 10% Basic: ₹1.80 L.
The minimum of these three is ₹1.80 L — this is your exempt HRA. The remaining ₹1.20 L is added to your taxable income. At the 30% tax bracket, this exemption saves you approximately ₹54,000 in taxes.
₹6 L basic, ₹3 L HRA, ₹2.40 L rent (metro) → Exempt: ₹1.80 L | Taxable: ₹1.20 L.