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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