Investment limit: The present deduction available under

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The most gaudy is probably the most valuable. Reporter: How do you know if you have a spot of gold? Invest in a jeweler’s eye loop. Nothing can tell you better than your eyes. Rise in Income Tax Slabs: In spite of the ever rising prices across sectors and both direct and indirect taxes, the basic exemption limit is still more or less the same my expectation is to hike the basic exemption from the current Rs.2.50 lakhs to at least Rs.5 lakhs. Investment limit: The present deduction available under Section 80C is upto Rs.1.50 lakh only and this in spite of rising inflation and income. The limit should be revised and increased to at least Rs.

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