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Interim budget expectations: From tax slab revision to removal of GST on insurance policies, taxpayers feel FM Nirmala Sitharaman should accommodate some of their wishes in the Interim Budget ahead of the comprehensive statement expected later this year.
The Budget is crucial this year as it is the election year and the government holds the key. All eyes are on Finance Minister Nirmala Sitharaman on how the NDA government would balance the fiscal goals and electoral appeal.
A comprehensive financial plan necessitates effective tax-saving strategies. If you find yourself bewildered by the array of tax-saving investment options, turning to insurance can serve the dual purpose of securing your financial future and obtaining tax savings.
In Union Budget 2023, Finance Minister Nirmala Sitharaman did not make any changes to Section 80C. Therefore, if you have opted for the old tax regimen, you can still benefit from deductions amounting to Rs.1.5 lakh under section 80C
Individual taxpayers have certain wishes for the upcoming Union Budget 2024, including raising the deduction limit under Section 80 CCommon man's wishlist for Finance Minister in Union Budget 2024