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jobflurry com for indians ✌️【365vc.net】✌️Start with as little as ₹500. Safe and smart fund investments to grow your wealth.A substantial proportion of these professionals are relocating from smaller towns to metros and Tier 1 cities, where they face the additional financial burden of furnishing their new homes.
Initial furnishing costs often range between Rs 1.5-2 lakhs, equivalent to 8-10 times their monthly salaries.In response to these financial pressures, many professionals are opting for rental furniture and appliances instead of outright purchases.
Rental options offer greater flexibility and affordability, making them particularly appealing to individuals who frequently relocate for work.
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Recognizing furniture and appliance rentals as part of HRA exemptions could provide much-needed financial relief and align tax laws with the realities of today’s urban professionals.HRA is one of the most common allowances received by salaried employees in both the private and government sectors.
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However, these exemptions are restricted to rental payments for housing and do not extend to furnishing.
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