News > Budget 2024: Here is the common man wishlist from Nirmala Sitharaman

Budget 2024: Here is the common man wishlist from Nirmala Sitharaman

Individual taxpayers wish that Finance Minister Nirmala Sitharaman will raise the deduction limit under Section 80 C to make the accumulated balance in the National Pension Scheme (NPS) tax-free at the time of withdrawal. Salaried individuals are expecting a separate deduction for repayment of home loans, enhancements in Section 80C and 80D deductions, and measures to encourage the shift to the new tax regime for home loan borrowers.