this union budget 2016-17people shared their expectations with us speak up. be heard. question: should the tax exemption limit beraised? answers:  yes it should be raised, considering theexpenditure.  to me, yes. tax is taken by the government,he might not have a disposable income at hand.  i don’t think so, there is a bit ofa fiscal deficit which is going on.  it should be raised, like it should beupto 5 lakhs.  it should be raised because india hasthe highest income tax rate, if you compare
it with any country in the world. question: what are the home loan benefitsyou are looking forward to?  perhaps something should be done to keepthe home loan budget in control.  there needs to be better policies whichallow one to buy a flat for himself.  there should be reduction in the interestrates.  generally they are giving a lot of exemptionsalready for the home loans. there should be less black money in the conversation. question: the rs. 25,000 deduction for medicalinsurance premium under sec 80 c - should it be raised to 35,000 or kept unchanged?
 over all limit for 80 c should be improved.itshould be raised to at least 50-60 thousand rupees. it should be raised but a raise of rs. 10,000/- is not going to make any difference.  raising money at the cost of tax-payersis fine but at the same time you should also look at the well-being of tax-payers. join the conversation. share your expectation.speak up. be heard.
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