......The deduction under Section 80C of the Income-tax Act has not been revised for a long time. Further, with too many investment/ expenditures (such as contribution to Provident Fund, repayment of the housing loan, life insurance premium, fixed deposit) forming part of the existing overall limit of ₹1 lakh, individuals are not incentivised to make investments beyond the specified limit. Hence, the specified limit must be increased............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment