Union Budget 2021 | Top 5 Expectations by Individuals



Quick Summary
The Union Budget 2021, presented on 1st February 2021, brought several expectations for individuals. Key among these were potential increases to the basic income tax exemption limit and the Section 80C investment limit. Other hopes included changes to Section 54B for agricultural land sales, enhanced Section 80D limits for health expenses, adjustments to long-term capital gains tax on equity, and a review of dividend income taxation disparities.

Follow live updates of Union Budget 2021: Click Here The Union Budget 2021 is all set to be presented on 1st February 2021 by our Finance Minister Nirmala Sitharaman. Everyday expectations are building up from the upcoming budget by Individuals, Corporates, Trust, etc. The 5 most important points which can be expected by INDIVIDUALS are - 1) Increase in basic income tax exemption limit and investment limit under section 80C of the Income Tax Act,1961. Increasing the basic exemption
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