Deduct school fees, Home loan principle and SSY investment directly from taxable income.

Deduct school fees, Home loan principle and SSY investment directly from taxable income.

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Rahul Naiknaware started this petition to Google and

To,

Prime Minister of India and Finance Minister of India


Sub : Regarding Income tax slab Reformation


As government is doing great efforts for children's educations like started mid day meal in school, free girl child education and other things. This benefitted for many poor families. For well earning middle class families those who have no options but to send our children's to private schools. There is no rules and regulations on their fee structure but still if we can afford it our first request to government is exclude school tuition fees from 80C and exempt it directly from taxable income.


As government started good PMAY scheme for all class of earning people but that too had stopped in 2020. Second request we middle class people want to make you is exclude home loan principle from 80C and exempt it directly from taxable income.

Government started good schemes like SSY where people can invest for their daughters for their bright future. Investment done for SSY scheme also gets counted in 80C.


How common middle class people will make investment in government schemes and save money for their families. So we are requesting you to increase 80C limit and direct deduct school fees, home loan principle and SSY investment from taxable income instead of including it in 80C.

Yours Faithfully,

Common middle-class Indian.

India.

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