Budget expectations

I  Expect  deduction Under section 80C to be Increased 

1) The Basic Exemption limits should be increased.

2) Also the limit for Tax Audit should be decreased.

Regards,

Devendra Kulkarni

SLAB SHOULD BE INCREASE..

U/S 80 C SHOULD INCREASE..

IF YOU DONT MIND, DONT POST 2 TIMES SAME POST..USE FOR NEW POSTING.

I THINK BUDGET SHOULD COME WITH GENUINE TAX ADVANTAGES........................

AS I KNOW  GOVT. HAS TENDENCY : " TO GIVE WITH ONE HAND AND TO GET RETURN BACK WITH THE OTHER HAND"

AS ALL ARE DEMANDINDG INCREASE IN EXEMPTION LIMIT , 80 C DEDUCTION ETC. THIS WILL DECREASE DIRECT TAX INCOME OF GOVERNMENT..............BUT GOVT. WILL TAKE BACK SUCH BENEFITS IN THE FORM OF INCREMENT IN  INDIRECT TAX ..............PRICES WILL INCREASE.........INFLATION  WILL RISE........

I EXPECT TO INCREASE THE BAISC EXEMPTION LIMIT TO 3 LACKS IT WILL BE HELPFULL TO THE MEDIUM CLASS PEOPLE.

I don’t come under any tax slab so I want to decrease tax slab rates so I could pay tax. But I know It will not happen in budget.

well my expectation iz differ from yours because i want govt will withdraw some rule and regulation in the tax act so our course burden is less...........................lolz

budget is not just about taxation,yes taxation is the integral part of budget  as it determine govt revenue and help the govt to reuce deicit but govt spending(expenditure) is also the important part of budget,and my  expectation is to increase spending on education,infrastructure....reduce the deficit in budget to atleast 5.5% of gdp...

IN MY OPinion, The Surcharge Should again be levied......by removing this last year.the FM has made big difference between poor people na d rich people.....coz its only payable by rich people and companies...and they shud contribute more towards nation development......n coz of this., tax collection has been fallen very much, otherwise it would have much more tha what it is now............ all other things dont make much diff. bt amendment like.................r  really!!!!!!!!!!!!!!!!!!!!!!!!!!!