Mr Gaurav Kapoor, Director & Co-Founder, Fincorpit Consulting

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Gaurav Kapoor, Director & Co-Founder, Fincorpit Consulting Private limited
Hike to 14% on the employer’s contribution to the NPS account of the central & state government employees is a good step to ease the tax burden of the employees. The time limit extension to 2 years for return filing would alleviate the burden of the assesses and ITOs. However, we were expecting that the budget would enhance the limit of the standard deduction from Rs. 50,000 to Rs. 1,00,000 and WFH employees were also expecting some tax relief especially for them.

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