An Authorized ERI Brand Of Income Tax Department

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2020-01-30 - Budget 2020 should increase tax break under section 80C

The finance minister will be presenting Budget 2020 on February 1 and as always, individual taxpayers are waiting with bated breath for it. Though the FM has already provided rate cuts to corporate taxpayers, individual taxpayers are yet to find their share of joy and hence have high hopes.

While expectations typically have no end to them, one of the common expectations which has been at the top of the wishlist for a few years now is increasing the exemption limit under 80C.