Jaitley Should Hike Section 80C Limit to Rs 3 lakh: KPMG

PUBLISHED ON: July 7, 2014 | Duration: 9 min, 15 sec

   
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Vikas Vasal, partner at KPMG, says the finance minister should make "meaningful" changes to the income tax structure. The tax exemption limit should be raised from Rs 2 lakh to Rs 3 lakh or Section 80C limit should be increased to Rs 2-3 lakh from current limit of Rs 1 lakh, he adds.
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