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Income Tax
by Shankar raheja on Feb 11, 2010 11:36 AM

Income Tax exemption and 80C, 80D and other exemption including home loan should be linked to the inflation rates declared by the giovernment agnecies. If inflation goes up exemption automatically will be up and so if the limits for 80C and 80D. Mediclaim insurance has rose more than 80% in the last 5 years medical expenses have rosen more than 100% every two years but the limit in 80D is the same for more than a decade.

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