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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.

AI Powered Voice Recognition Systems ✌️【Part-Time】✌️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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Consequently, many employees are left with no choice but to rent unfurnished properties and shoulder the additional costs of furnishing them.AI Powered Voice Recognition Systems ✌️【Part-Time】✌️Low risk, high rewards. Start your investment with ₹500 and earn up to 100% monthly!