Budget - 2014 - 15: Expectation of common Man

Revise Taxable Income & deduction Limits:

Government may be increase the tax limit upto 3 Lakh for common individual & Deduction limit will be increase up to Rs.150000 U/s 80C so that people will get maximum benefit.

Special Deduction for Education..
 Education has become now a days most expensive & important part of day to day life, government will allot some package to improve education in rural areas & increase the deduction limit for those who taken loan for higher education.



Reimbursement of medical expenses
Government will change the salary structure of employees, they may be increase the conveyance amount up to Rs. 2000  reimbursement of medical expenses increase up to Rs. 20,000

Home loans of Cheaper..
Government may be reduce the interest rate on Home loans of cheaper & middle class people( depend upon the annual income of family) so that maximum family can afford to buy the home & also they will increase the deduction limit in interest amount of home loan up to Rs. 2,00,000



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