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Exemtion under Sec 80C to be raised to Rs.2Lakhs
by Partha Chatterjee on Feb 02, 2010 01:04 PM

Please raise exemption limit to Rs. 2Lakhs under Sec 80C so that it boosts savings for middle income group and we can save for a secure future.It has been Rs. 1Lakh for a lot many years now.Please also increase exemtion limit for Childrens education tution fee to atleast Rs.2000 per month. It is only Rs.100 per month. This is impracticable since no school charges Rs.100 as tution fee in this age.Also requesting for slab of 30% tax to be from Rs.10Lakhs instaed of Rs. 5Lakhs.

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