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Expectations Of Income Tax Payers From Budget 2021

Union Budget 2021 is in the final stage, and all of us are estimating the scope of the tax-saving investments to be increased, if not the limit. It's time to widen the scope for tax-saving investments. Currently, the limit of tax benefits on tax-saving investments u/s 80C of the Income Tax Act is Rs 1.5 lakh, which includes a number of things – including premium paid for life insurance, ULIP, contributions to PPF, Sukanya Samriddhi Yojana, investments in ELSS, NSC, long-term FD as well as payment of home loan principal, tuition fees for children’s education etc. Let us know what you think about the video and comment below if you have any doubts regarding the same. Also, donot forget to like, subscribe and share this video. Stay tuned to our channel for more informative videos on Budget 2021 India!

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