Budget 2022: Income Tax Relief announced for differently-abled Persons [Read Finance Bill, 2022]

Budget 2022 - Income Tax Relief - Income Tax - Differently abled Persons - Budgetwithtaxscan - Taxscan

The Finance Minister, Nirmala Sitharaman in her Budget Speech has announced certain income tax relief for differently abled Persons. The parent or guardian of a differently abled person can take an insurance scheme for such a person. The present law provides for deduction to the parent or guardian only if the lump sum payment or…

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