A Study Connecting Human Values and Ethics with Section 80 Deductions under the Income Tax Act, 1961.

Sameer Naik

A Study Connecting Human Values and Ethics with Section 80 Deductions under the Income Tax Act, 1961.

Author(s)	Prof. Sameer Naik
Country	India
Abstract	Along with contributing to being a fiscal weapon, the Income Tax Act of 1961 also serves as a policy tool to influence taxpayer behaviour through the scheme of deductions under Section 80 and related provisions. By promoting savings, social security, healthcare, education, philanthropy, and assistance for disadvantaged populations, these deductions express and advance human values and ethics, as this study explores. The study maps certain deductions (such as those for long-term savings, medical insurance, donations, and education) to values such as caution, responsibility, social justice, altruism, and human dignity, using a doctrinal analysis of key Section 80 provisions and ethical frameworks drawn from public finance and applied ethics. Additionally, the article critically assesses whether the incidence and design of these deductions actually promote social welfare and fairness or favour higher-income taxpayers disproportionately, raising moral concerns about distributive justice. The results show that although Section 80 deductions greatly coincide with welfare-state and constitutional goals, their value-realisation depends on knowledge, accessibility, and targeting difficulties. The study ends with policy recommendations to promote a more value-based tax culture among Indian taxpayers and to reinforce the ethical orientation of tax incentives.
Field	Mathematics > Economy / Commerce
Published In	Volume 12, Issue 3, July-September 2021
Published On	2021-08-27

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A Study Connecting Human Values and Ethics with Section 80 Deductions under the Income Tax Act, 1961.

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