How Budget 2024 can help maximise your tax savings

This is the opportune moment to review your tax projections and plan for suitable investments

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Proactive tax planning serves as a key mechanism for minimizing the tax burden

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I-T Act provides various avenues for claiming deductions and exemptions to reduce tax liabilities

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You can maximise tax savings if the 80C deduction limit is raised

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Tax deduction for home loan interest u/s 24 of I-T Act should be raised to Rs 5 lakh

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Standard Deduction limit should be hiked to Rs 100,000

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There should also be a strategic de-cluttering of Section 80C

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