Budget recommendations from FICCI: Hike 80C tax deduction to ₹3 lakh2 min read . Updated: 13 Jan 2020, 04:09 PM IST
- FICCI said increasing income tax deduction under Section 80C will boost investment
- A large portion of budgetary allocation should be reserved for spending on primary health, the industry body has demanded
NEW DELHI : Days ahead of Union Budget presentation by finance minister Nirmala Sitharaman on February 1, industry body FICCI has released its pre-budget recommendations for the government. Key suggestions include hiking the Section 80C limit from ₹1.5 lakh to ₹3 lakh, introduction of a PF-like healthcare savings fund, increasing healthcare allocation and sops for the manufacturing industry.
Select your Category