Nirmala Sitharaman Presents Interim Budget 2024

White Lightning White Lightning Budget 2024: Finance Minister Nirmala Sitharaman is set to unveil the Interim Budget on February 1. Learn more

Revision of Income Tax Brackets

White Lightning White Lightning Anticipating a revision in the income tax exemption limit, the middle class hopes for an increase from ₹2.5 lakh to ₹5 lakh. Learn more

Elevation of Section 80C Threshold

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Assistance for Homebuyer

[{"selector":"#anim-74e008b6-b7c6-42b0-b7bf-8f0a4b8b5fc8","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-74da968c-c9f6-4bf7-9151-9d588547d1c1","keyframes":{"transform":["translate3d(-64.2857%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Lightning Under the existing provisions of Section 80C of the Income Tax Act, individuals can claim a deduction of up to ₹1.5 lakh Learn more

Enhancement of 80D Deduction Cap

[{"selector":"#anim-ffc42920-daf8-4dc9-b742-000171e347b8","keyframes":{"opacity":[0,1]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ddc09323-2ab8-4da3-ab60-82097c21f64c","keyframes":{"transform":["translate3d(-64.2857%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] White Lightning Archit Gupta, the Founder, and CEO of ClearTax suggests elevating the deduction limit under Section 80D for medical insurance premiums. Learn more