Budget 2019 expectations: Here's how Modi government can help Indian taxpayers
Updated : January 30, 2019 03:31 PM IST
The wish list for the common man as well as the industry chambers includes a hike in income tax exemption limit from Rs 2.5 lakh to Rs 5 lakh per annum.
The maximum deduction limit under Section 80C may also be increased from Rs 1.5 lakh to Rs 2 lakh, which would allow taxpayers to invest in additional tax saving avenues available under Section 80C of the Income Tax Act.
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