House rent allowance or HRA is a tax benefit which can be enjoyed by salaried people who have HRA component as a part of their salary structure. So, the HRA calculator helps in finding out what amount of HRA an individual can receive.
HRA is quite beneficial to salaried individual since that particular amount from his salary won't be taxable. The tax will be calculated on the remaining salary of the individual.
The amount of HRA gets deducted from the total income before it gets converted into a taxable income. All you have to do is enter your basic salary, DA, rent allowances and actual rent per month in the HRA calculator online and it will provide you with your HRA.