Budget 2013-14: 10 things common man wants from FM

Budget 2013-14: 10 things common man wants from FM
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Budget 2013-14: 10 things common man wants from FM
  • 
	The Finance Minister of India will announce the Union Budget 2013-14 towards the end of this month.  Budget influences not only big businesses but also households. Check out the common man's expectations from Budget 2013-14.

    The Finance Minister of India will announce the Union Budget 2013-14 towards the end of this month.  Budget influences not only big businesses but also households. Check out the common man's expectations from Budget 2013-14.

  • 
	Raise base tax exemption slab from Rs 2 lakh to Rs 2.2 lakh
	 

    Raise base tax exemption slab from Rs 2 lakh to Rs 2.2 lakh  

  • 
	Hike exemption limit under Conveyance / Transport Allowance from Rs 800 per month.
	 

    Hike exemption limit under Conveyance / Transport Allowance from Rs 800 per month.  

  • 
	Cut lock-in period for tax saving fixed deposits from the 5 years to 3 years
	 

    Cut lock-in period for tax saving fixed deposits from the 5 years to 3 years  

  • 
	Widen of scope for Rajiv Gandhi Equity Savings Scheme (RGESS)

    Widen of scope for Rajiv Gandhi Equity Savings Scheme (RGESS)

  • 
	Reintroduce Tax Saving Infrastructure Bonds U/S 80CCF
	 

    Reintroduce Tax Saving Infrastructure Bonds U/S 80CCF  

  • 
	Provide tax incentive on gold linked financial instruments
	
	 

    Provide tax incentive on gold linked financial instruments  

  • 
	Give Infrastructure status to affordable housing

    Give Infrastructure status to affordable housing

  • 
	For payment of interest on housing loans, raise income tax exemption limit from Rs 1.5 lakh to Rs 3 lakh
	
	 

    For payment of interest on housing loans, raise income tax exemption limit from Rs 1.5 lakh to Rs 3 lakh  

  • 
	Provide guidance for new taxation avenues such as taxing the superrich or inheritance tax
	
	 

    Provide guidance for new taxation avenues such as taxing the superrich or inheritance tax  

  • 
	Rationalise welfare schemes in rural and semi urban areas

    Rationalise welfare schemes in rural and semi urban areas

  • 
	The Finance Minister of India will announce the Union Budget 2013-14 towards the end of this month.  Budget influences not only big businesses but also households. Check out the common man's expectations from Budget 2013-14.
  • 
	Raise base tax exemption slab from Rs 2 lakh to Rs 2.2 lakh
	 
  • 
	Hike exemption limit under Conveyance / Transport Allowance from Rs 800 per month.
	 
  • 
	Cut lock-in period for tax saving fixed deposits from the 5 years to 3 years
	 
  • 
	Widen of scope for Rajiv Gandhi Equity Savings Scheme (RGESS)
  • 
	Reintroduce Tax Saving Infrastructure Bonds U/S 80CCF
	 
  • 
	Provide tax incentive on gold linked financial instruments
	
	 
  • 
	Give Infrastructure status to affordable housing
  • 
	For payment of interest on housing loans, raise income tax exemption limit from Rs 1.5 lakh to Rs 3 lakh
	
	 
  • 
	Provide guidance for new taxation avenues such as taxing the superrich or inheritance tax
	
	 
  • 
	Rationalise welfare schemes in rural and semi urban areas

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