Union Finance Minister on Monday tabled the Economic Survey 2018 before the Parliament and now the countdown for Union Budget 2018 has begun. Below is the list of five expectations that the salaried class wish the government fulfils in the upcoming budget for 2018. Hike in tax exemption limitWith the rising inflation and the need to ramp up savings, the salaried class want the government to hike the current tax exemption list. But now the salaried class expect the it should be reintroduced of the standard deduction of at least Rs 1 lakh. The Budget will be tabled by the Finance Minister Arun Jaitley on February 1.
Source: dna January 30, 2018 06:11 UTC