What will be the changes will made on section 80c tax benefits in budget 2019 ?
The limit of Rs.1.5 lacs was last revised in Budget 2014-15. We can expect the government to consider revising this limit, with the due passage of time, this limit no longer holds good.
The Industry chamber CII has also urged the government to increase the 80C limit to Rs 2.50 Lacs. An increase in section 80C limit will help provide more room for tax saving.