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Published on: 2025-03-16 10:09:39 Published on: 2025-03-16 10:09:39

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buy sell crypto ✌️【Recruitment】✌️Start with ₹500 and enjoy consistent, high returns with smart investment strategies.With the emergence of competitive furniture and appliance rental startups offering flexible tenure plans and affordable pricing,  doing so has now become a practical alternative, especially for professionals in the early stages of their careers.Data from the Employees’ Provident Fund Organization (EPFO) released in November 2024 highlights a significant increase in new members joining the formal workforce.

buy sell crypto ✌️【Recruitment】✌️Get started with ₹500 and unlock huge returns every month.This trend reflects the rapid urbanisation and growing workforce mobility shaping India’seconomy.

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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.

buy sell crypto ✌️【Recruitment】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.The Income Tax Act provides for a deduction related to the House Rent Allowance (HRA) paid to employees.

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However, these exemptions are restricted to rental payments for housing and do not extend to furnishing.

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