Union Budget 2022-23 Expectations || Include COVID-19 Hospitalisation expenditure || Tax2win
Автор: Tax2win
Загружено: 2022-01-19
Просмотров: 61
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#Unionbudget2022 #Tax2win
Budget 2022 session is down the pike. Budget 2022 will be presented by the Hon’ble Finance Minister Nirmala Sitharaman. The expectations from the budget are high due to COVID-19 pandemic. Here is the few expectations related to the Income Tax Changes:
Include COVID-19 Hospitalisation expenditure under section 80DDB: Under section 80DDB, medical expenses incurred on medical treatment of specified diseases are allowed for tax deduction upto Rs. 40,000 (Rs. 1 lakh in case of senior citizens). It is highly expected from this year's budget to include COVID-19 hospitalization expenses under section 80DDB upto Rs. 1,00,000/- to all taxpayers to provide relief to taxpayers.
#Tax2win #Unionbudget2022 #NewBudget #Tax #Covid-19
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