Union Budget 2023: Finance Minister Nirmala Sitharaman should increase exemption and deduction limits under Section 80D and Section 80TTA. Poorva Prakash, Partner, Deloitte India explains why. #Budget2023 #UnionBudget2023 #Section80D | The Times of India

Most Important Tax Deductions for Salaried Person 🤯 🔵 Section 80C: Investments in Provident Funds such as EPF, PPF, etc., payments made towards life insurance premiums, Equity Linked Saving Schemes, payments made towards the principal sum of a home loan, SSY, NSC, SCSS, etc. 🔵 Section 80D: This is the deduction for Mediclaim or Medical Insurance. The limit for Section 80D is as follows: - If taken for Self and Family = Rs. 25,000 ; And - If taken for Parents also = Rs. 25,000 Therefore, total