Budget 2026: 80C Limit May Rise to Rs 3.5 Lakh, Big Tax Savings for Taxpayers

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Moneycontrol•20-01-2026, 13:01
Budget 2026: 80C Limit May Rise to Rs 3.5 Lakh, Big Tax Savings for Taxpayers
- •The government is considering increasing the 80C tax-saving limit from Rs 1.5 lakh to Rs 3.5 lakh in Budget 2026.
- •The industry body AMCHAM has formally requested this increase, which would benefit salaried individuals and families.
- •The 80C limit has remained unchanged for the past 10 years, despite rising expenses for education, health, and retirement.
- •An increased limit would encourage more long-term investments, strengthen retirement funds, and boost insurance coverage.
- •Finance Minister Nirmala Sitharaman will present the budget on February 1, 2026, with taxpayers eagerly awaiting potential relief.
Why It Matters: Taxpayers anticipate a significant increase in the 80C limit in Budget 2026, offering greater tax-saving opportunities.
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