What is the Section 80C limit for tax deduction for FY 2024-25 after Interim Budget 2024?

The Finance Minister, in the Budget 2024 speech, announced that the tax deduction limit under Section 80C will remain unchanged. For the current fiscal year 2023-24 and the upcoming fiscal year 2024-25, individuals can claim tax benefits up to Rs 1.5 lakh through Section 80C investments.

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