People often move to new cities for work, which naturally increases their living expenses — one of the biggest being house rent. To help with these costs, employers include House Rent Allowance (HRA) as part of your salary. While the HRA received is taxable, the old tax regime offers an exemption, reducing your overall tax burden.
Use this tool to calculate the exempt HRA amount.
Common questions about claiming HRA:
Steps to claim HRA exemption on Quicko
1. Navigate to File > Incomes > Salary
2. Enter the salary breakdown as per your payslips
3. Input the exempt HRA amount calculated as per the tool
Remember HRA exemption is not available under the New tax regime.
If you still have any further queries, you can raise a ticket to get in touch with us.