In view of declining FD interest rates, small savings schemes give relatively higher returns to deposits, while also ...

Filing your income tax return (ITR) for FY 2024–25 (AY 2025-26)? If you’re opting for the old tax regime, make sure you’re ...

Most people stop once they’ve maxed out their 80C investments. It feels like the work is done. You’ve invested in ELSS, maybe ...

Consequently, increasing the Section 80C limit is a key expectation among taxpayers leading up to the Union Budget 2024.

Will the section 80C deduction limit see an increase? Budget 2024 Expectations Highlights: A significant demand is to increase the Section 80C tax deduction benefits. This benefit allows taxable ...

India Business News: Find out why the limit for deductions under Section 80C should be hiked in the Budget 2024. Learn about the popular investments and expenses eligible for deductions under ...

He wants the finance minister to increase the deduction limit under section 80C of the Income Tax (I-T) Act to align it with inflation.

Budget 2023: Anil Singhvi’s view on Section 80C and 80D Ahead of Union Budget 2023, Zee Business Managing Editor Anil Singhvi has appealed to the Finance Minister Nirmala Sitharaman to increase the ...

Budget 2023 Section 80C limit increase expectation: Individual investors as well as finance and tax experts are expecting the Government to raise the deduction limit under Section 80C from Rs 1.5 ...

The limit of Rs 1.5 lakh in respect of deduction under Section 80C has remained constant for almost half-a-decade now, and that needs to be increased in the upcoming budget.

Section 80C was last enhanced by former Finance Minister Arun Jaitley in 2014 when he increased it from Rs 1 lakh to Rs 1.5 lakh. Increasing Section 80C limit is part of multiple wishlists this year.

The Union Budget 2021-22 should look to double the Section 80C limit to Rs 3 lakh, recommends Ficci. Budget 2021 will spell out the road map for growth in the next financial year.