tag:blogger.com,1999:blog-2116035869326058506.post7203760021109654406..comments2023-10-26T19:17:23.885+05:30Comments on NFPE ALUVA: Government may increase Income Tax exemption Limit in budget 2011-12nfpealuvadivisionhttp://www.blogger.com/profile/16666474454672452845noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2116035869326058506.post-12715232942699914622012-02-06T22:14:50.943+05:302012-02-06T22:14:50.943+05:3080 (c) limit should be increased.That's where ...80 (c) limit should be increased.That's where most of people get hit. As base salary increases , a substantial (if not all) amount under 1 lakh 80 c limit gets covered with PF , Now a days minimal insurance amount doesn't help. Insurance , ULIp also comes under 80 (C). As if this is not enough, Even home loan part also come under 80 c , So essentially you end up saving very less if you compare to what all you have invested under 80 c. More than 90% of investments by a average indian falls under 80 c . 1 lakh limit on 80c is grossly under par.Rahulhttp://hindisms.org/sms/hindi-love-smsnoreply@blogger.com