Many salaried taxpayers calculate their HRA exemption correctly but still struggle with a bigger question — which tax regime is actually better for them? The answer often depends not only on HRA but also on factors such as deductions, capital gains from shares or mutual funds, and the overall impact on their final tax liability.
Most online HRA calculators stop after showing the exemption amount. However, tax planning for FY 2026-27 involves much more than calculating HRA alone. A taxpayer may also need to compare the deductions available under Old vs New Tax Regime, understand the tax impact of STCG and LTCG, and prepare supporting tax documents such as Form 130.
To address this gap, ArthikDisha has developed an integrated HRA Calculator FY 2026-27 that combines HRA exemption calculation, tax regime comparison, capital gains tax estimation and Form 130 PDF generation in a single tool. Instead of switching between multiple calculators, you can evaluate your overall tax position and make better-informed tax-saving decisions from one place.
Calculate HRA Exemption • Compare Old vs New Tax Regime • Include STCG/LTCG Tax • Download Form 130 PDF
HRA Calculator FY 2026-27
Why This HRA Calculator Is Different
| Feature | This Calculator | Other HRA Calculators |
|---|---|---|
| HRA Exemption | ✓ | ✓ |
| Taxable HRA | ✓ | ✓ |
| Old vs New Regime | ✓ | Some |
| STCG Tax | ✓ | ✗ |
| LTCG Tax | ✓ | ✗ |
| Form 130 PDF | ✓ | ✗ |
Calculate your HRA exemption instantly using our HRA Calculator FY 2026-27 and compare your tax liability under the Old and New Tax Regimes. The tool also helps generate an HRA Calculation for FY 2026-27 PDF along with detailed exemption calculations.
ArthikDisha HRA Calculator
FY 2026-27 & AY 2027-28Learn . Plan . Grow. | ArthikDisha.com
ArthikDisha Salary + Capital Gains Tax Calculator
FY 2026-27 & AY 2027-28 (With Form No. 130)How to Use This HRA Exemption Calculator?
Simply enter your salary details, HRA received, and rent paid to calculate your eligible HRA exemption. You can also add any short-term or long-term capital gains to estimate your total tax liability under both tax regimes. Once the calculation is complete, download a detailed Form 130 PDF report for your records and tax planning.
- Enter salary details
- Enter rent and HRA
- Add capital gains
- Download HRA Exemption PDF and Form 130 PDF instantly
Benefits of Using This HRA Calculator FY 2026-27?
House Rent Allowance (HRA) is one of the most common salary components available to salaried employees living in rented accommodation. However, many taxpayers are unsure whether claiming HRA under the Old Tax Regime actually results in lower tax compared to the New Tax Regime.
Our HRA Calculator FY 2026-27 helps you:
- Calculate HRA exemption instantly
- Determine taxable HRA
- Compare Old vs New Tax Regime
- Estimate potential tax savings
- Make an informed tax regime choice
Simply enter your salary details, HRA received and rent paid to get accurate results within seconds.
Who Can Claim HRA Exemption?
Under Section 10(13A) of the Income Tax Act read with Rule 2A, you are eligible to claim HRA exemption only if:
- You receive HRA as part of salary
- You live in rented accommodation and pay rent
- You opt for the Old Tax Regime
HRA exemption is the lowest of the following:
The lowest of these three amounts becomes your eligible HRA exemption.
HRA Calculation Formula
How HRA Exemption is Calculated in FY 2026-27
HRA Exemption = Least of the following 3 elements:
- Actual HRA received
- Rent paid – 10% of salary ( Here salary means Basic + DA)
- 50% of salary (Metro City)
OR
40% of salary (Non-Metro City)
| Particulars | Amount Considered |
|---|---|
| Actual HRA received | Lowest amount considered |
| Rent paid minus 10% of salary | Lowest amount considered |
| 50% of salary for metro cities or 40% for non-metro cities | Lowest amount considered |
HRA Exemption Example
HRA Calculation for FY 2026-27: Example of Ms Ankita Agarwal from Kolkata
Understanding the HRA exemption formula becomes much easier with a practical example. Let us calculate the HRA exemption available to Ms Ankita Agarwal, a salaried employee living in Kolkata, for FY 2026-27.
Details of Ms Ankita Agarwal
| Particulars | Amount |
|---|---|
| Basic Salary | ₹12,00,000 per year |
| HRA Received | ₹3,60,000 per year |
| Rent Paid | ₹25,000 per month |
| Annual Rent Paid | ₹3,00,000 |
| City | Kolkata (Metro City) |
Since Kolkata is classified as a metro city for HRA purposes, Ms Ankita can claim up to 50% of her basic salary while calculating the exemption.
Step 1: Actual HRA Received
Actual HRA received from employer:
₹3,60,000
Step 2: Rent Paid Minus 10% of Basic Salary(Basic+DA)
Annual Rent Paid = ₹3,00,000
10% of Basic Salary = ₹1,20,000
Rent Paid – 10% of Basic Salary
= ₹3,00,000 – ₹1,20,000
= ₹1,80,000
Step 3: 50% of Basic Salary (Metro City)
50% of ₹12,00,000
= ₹6,00,000
HRA Exemption Calculation for FY 2026-27
Under Section 10(13A), the exempt HRA amount is the lowest of the following three values:
| Particulars | Amount |
|---|---|
| Actual HRA Received | ₹3,60,000 |
| Rent Paid minus 10% of Salary | ₹1,80,000 |
| 50% of Basic Salary (Metro City) | ₹6,00,000 |
HRA Exemption Allowed
The lowest amount is:
✅ ₹1,80,000
Therefore, Ms Ankita Agarwal can claim an HRA exemption of ₹1,80,000 for FY 2026-27.
Taxable HRA
| Particulars | Amount |
|---|---|
| HRA Received | ₹3,60,000 |
| Less: HRA Exemption | ₹1,80,000 |
| Taxable HRA | ₹1,80,000 |
Thus, only ₹1,80,000 of HRA will be added to Ms Ankita's taxable salary income.
Why Use an HRA Calculator?
Manually calculating HRA exemption can be confusing, especially when comparing the Old Tax Regime and New Tax Regime, calculating Capital Gains Tax, and generating supporting documents. Our HRA Calculator FY 2026-27 automatically performs the entire HRA calculation for FY 2026-27 and also provides an instant downloadable PDF report for your records.
Old vs New Tax Regime Calculator – Which Is Better?
Choosing between the Old Tax Regime vs New Tax Regime FY 2026-27 is one of the most important tax planning decisions for salaried taxpayers. The right choice depends on factors such as HRA exemption, eligible deductions, capital gains income and overall taxable income.
Many salaried taxpayers can significantly reduce their liability through the rebate under Section 87A if eligible.
This Tax Regime Comparison Calculator helps you perform an easy Old vs New Tax Regime Comparison by estimating tax liability under both options. If you are wondering which tax regime is better for your situation, the calculator can help identify the more tax-efficient choice based on your income and tax-saving benefits.
This is where most HRA calculators stop. Our calculator goes one step further.
Choose Old Tax Regime If
- You pay significant rent
- You claim HRA exemption
- You invest under Section 80C
- You contribute to NPS
- You claim home loan deductions
Choose New Tax Regime If
- Deductions are limited
- Rent paid is low
- Salary structure has minimal exemptions
The calculator automatically compares both regimes and helps identify the lower tax option.
For a more detailed old vs new tax regime comparison, taxpayers should evaluate deductions, exemptions and overall tax liability before choosing a regime.
| Particulars | Old Regime | New Regime |
|---|---|---|
| HRA Exemption | Yes | No |
| Standard Deduction | 50,000 | 75,000 |
| 80C | Yes | No |
| 80D | Yes | No |
HRA Exemption under Old Tax Regime
HRA exemption under Old Tax Regime is available to salaried employees who receive House Rent Allowance (HRA) and live in rented accommodation. The exemption is calculated as the lowest of actual HRA received, rent paid minus 10% of salary, or 50% (metro) / 40% (non-metro) of salary under Section 10(13A) of the Income Tax Act.
Since HRA exemption is generally not available under the New Tax Regime, taxpayers paying significant rent often find the Old Tax Regime more beneficial. Calculating HRA correctly can help reduce taxable income and potentially increase overall tax savings.
You cannot claim HRA exemption under the New Tax Regime.
Documents Required for HRA Claim?
Keep the following records:
- Rent receipts
- Rent agreement
- Landlord PAN (if applicable)
- Salary slips showing HRA
These documents may be required by your employer or during income tax assessment.
STCG & LTCG Tax Calculator FY 2026-27
Apart from salary income, many taxpayers also earn profits from shares, mutual funds and other investments. This integrated STCG & LTCG Tax Calculator FY 2026-27 helps estimate the tax impact of both short-term and long-term capital gains while evaluating your overall tax liability.
Unlike a basic STCG Tax Calculator or LTCG Tax Calculator, this tool works as a comprehensive Capital Gains Tax Calculator by combining investment income with salary details. It can help taxpayers understand the potential tax on salary and capital gains together, making it a practical Salary and Capital Gains Tax Calculator for better tax planning.
Form 130 PDF Download
Once you have calculated your HRA exemption, tax liability and capital gains impact, you can instantly download a detailed Form 130 PDF for your records. This integrated feature eliminates the need to manually prepare tax working papers or use separate tools.
Before generating Form 130, taxpayers may verify salary details using their Form 130 download guide.
Unlike a standalone Form 130 Calculator, this tool automatically uses your tax calculation results to help generate Form 130 online. Taxpayers looking for Form 130 FY 2026-27 can quickly review their calculations and download the report in PDF format for future reference.
Benefits of Using This HRA Calculator
Most online HRA calculators focus only on calculating HRA exemption. This integrated tool combines HRA calculation, Old vs New Tax Regime comparison, STCG/LTCG tax estimation, and Form 130 PDF generation in one place, helping taxpayers make more informed tax-saving decisions.
By bringing together multiple tax planning features into a single calculator, it reduces the need to switch between different tools and provides a more complete view of your tax position for FY 2026-27.
After estimating your tax liability, you can cross-check the results using our Income Tax Calculator FY 2026-27.
HRA + Tax Regime Comparison at One Place
Most HRA calculators only compute the exempt portion of House Rent Allowance and stop there. This calculator goes a step further by helping taxpayers compare the tax impact under both the Old and New Tax Regime, making it easier to identify the more tax-efficient option based on their income and deductions.
Capital Gains Tax Integration
Many salaried employees also earn income from shares, mutual funds and other investments. Unlike traditional HRA calculators, this tool incorporates STCG and LTCG calculations, allowing users to understand how capital gains can affect their overall tax liability and tax planning decisions.
Automatic Form 130 PDF Generation
After completing the calculations, users can instantly generate and download a detailed Form 130 PDF report. This helps maintain a record of tax computations and eliminates the need for preparing separate calculation sheets manually.
Complete Salary Tax Planning Tool for FY 2026-27
Instead of using multiple calculators for HRA, tax regime comparison, capital gains tax and Form 130 preparation, taxpayers can access all these features through a single integrated tool. This makes the calculator a practical tax planning companion for salaried individuals during FY 2026-27.
If you are preparing to file your return, read our guide on which ITR form to file for salaried person.
Before filing your return, also read:
- Income Tax Calculator FY 2026-27
- Rebate under Section 87A
- Which ITR Form to File
- AIS vs Form 26AS Explained
Important FAQs on HRA Exemption & HRA Calculator
How is HRA exemption calculated for FY 2026-27?
HRA exemption is calculated as the lowest of three amounts: actual HRA received from the employer, rent paid minus 10% of salary, or 50% of salary for metro cities (40% for non-metro cities).
How do I calculate 50% or 40% of salary for HRA?
For employees residing in Delhi, Mumbai, Kolkata or Chennai, 50% of salary is considered for HRA calculation. For all other cities, 40% of salary is considered while determining the exemption amount.
Can HRA be claimed under the new tax regime?
In general, HRA exemption is not available under the new tax regime. Taxpayers opting for the old tax regime can claim HRA exemption subject to prescribed conditions.
Is there any maximum HRA exemption limit in 2026?
There is no fixed monetary ceiling for HRA exemption. The exempt amount depends on salary, HRA received, rent paid, and whether the employee resides in a metro or non-metro city.
What documents are required to claim HRA exemption?
Employees should maintain rent receipts, rent agreements, proof of rent payment and landlord details wherever applicable. These documents may be required by the employer or tax authorities.
Can I claim both HRA and home loan benefits?
Yes. Subject to conditions, taxpayers may claim HRA exemption for rented accommodation and also claim eligible home loan benefits on another property under the Income Tax Act.
Which cities are treated as metro cities for HRA purposes?
Only Delhi, Mumbai, Kolkata, and Chennai are treated as metro cities for HRA exemption calculations. All other locations are considered non-metro cities.
Which tax regime is better for claiming HRA?
HRA exemption is generally available only under the Old Tax Regime. However, the better option depends on factors such as salary, deductions, HRA exemption and overall tax liability. Comparing both regimes can help identify the more tax-efficient choice.
Can capital gains affect my salary income tax calculation?
Yes. Short-term and long-term capital gains may increase your overall tax liability. Taxpayers earning income from shares, mutual funds or other investments should consider both salary income and capital gains while planning taxes.
Can I generate Form 130 online after calculating my tax?
Yes. After completing the calculations, you can generate and download a Form 130 PDF report containing HRA details, tax regime comparison, capital gains tax computation and overall tax summary for your records.
Conclusion: The right tax-saving strategy involves more than just calculating HRA exemption. By comparing the Old vs New Tax Regime, considering capital gains income and reviewing your overall tax liability, you can make better-informed decisions for FY 2026-27.
Use the integrated ArthikDisha calculator above to calculate HRA exemption, compare tax regimes, estimate STCG/LTCG tax and generate your Form 130 PDF report—all from one place.