Taxpayers' Budget 2021 wishlist: COVID exemptions, standard capital gains rates and more
Apart from long pending demands of hike in limits under Sections 80-C and 80-D of Income-tax Act, they also expect COVID-linked tax concessions, more attractive new tax regime and simplified capital gains structure
Aprajita Sharma January 27, 2021 | Updated 23:59 IST
Optimistic over a Budget like never before - as Finance Minister Nirmala Sitharaman has promised to deliver it on February 1 - taxpayers are hoping for never-seen-before tax relief. Apart from long pending demands of hike in limits under Sections 80-C and 80-D of Income-tax Act, they also expect COVID-linked tax concessions, more attractive new tax regime and simplified capital gains structure. We have listed key expectations that deserve FM Sitharaman's attention: