Calculate your HRA exemption using the minimum of 3 methods as per Income Tax rules.
HRA Exemption = Minimum of:
1. Actual HRA received
2. 50% of basic salary (metro) / 40% (non-metro)
3. Rent paid − 10% of basic salary
HRA exemption only available in Old Tax Regime. Not claimable if you own the house. Rent receipts required for claim above ₹1L p.a.