FICCI for 30 pc income tax on income above Rs 20 lakh
Press Trust of India: New Delhi, Dec 23 2012, 23:29 IST
deduction for educational expenditure for children from Section 80C and provide under a separate provision like Section 80D of the Act for medical insurance.
Tuition fee is eligible for deduction under section 80C of the Income Tax Act. The Chamber is also for raising the tax exemption limit on expenditure in medical treatment.
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