HRA Calculator is a tool to help in computing the HRA on Salary payout for the month. In order to do this, click on Utilities > HRA Calculator:-
The following screen will be appear:
Basic Salary: Enter the Basic Salary of the employee.
DA forming part of Salary: Enter the Dearness Allowance, if it form a part of the Salary.
Commission (as % of turnover achieved by the employee): Enter the commission earned by the employee, if any.
HRA Received: Enter the HRA Received
Residing in Metro: If the employee is residing in a metropolitan city then the box has to be checked.
Rent Paid: Enter the Rent amount paid by the employee
Calculate: Click on calculate. The system will process the above data and display the same.
Reset: Click on Reset, to refresh this screen and get a blank screen for re-entering the above data.
Print to Excel: Click here to print the entire HRA calculation details in an Excel sheet.
Click here to check the calculation from Income Tax Website: Click here to check the HRA calculation as per the Income Tax Website.
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