Expectation from general budget : More relief in taxation - Indian Military Veterans

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Capt KS Ramaswamy
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Feb 25, 2015

Expectation from general budget : More relief in taxation


Budget Expectations for Salaried Class

 Salaried class is a huge portion of tax-paying citizens.  They have been complaining of very slow growth in last 2-3 years because inflation has been very high and they have not received good raise from their employers and their disposable income is getting squeezed. So, salaried class citizens have huge expectations from section 80 C deduction which was increased from Rs 1 to 1.5 lakhs last year which should be further increased to at least 2 lakhs if not 2.5 lakhs, 


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