The entire nation is sitting with fingers crossed expecting some good news from you in this budget.
Looking at the costs of essential commodities,inflation rate increase,housing and personal loan rates going up,deposit rates coming down,the common man is taxed to a great extent.
My suggestion is that the FM should increase the basic exemption limit to Rs.2 Lakhs keeping in view the rising rates.
If nothing materialises in this budget such as something above,Iam sure everyone is going to conceal their incomes and reduce their tax burden by whatever means.
