Let's hope FM announces these reforms this budget

By Suresh Sadagopan

Raman was a silent participant in a discussion in the canteen, about savings taxes. One of them was lamenting that the pitiable Rs.1.5 Lakhs deduction for interest payment, was not even one third of what he was actually paying. Another was cribbing about the low thresholds for savings taxes under Sec 80C. It set him thinking.

When he went back to his seat, he started a bit of googling and reading on finance related subjects. Even when he reached home that evening, his thoughts were still dwelling on finances. He switched on a Finance Channel and was intently watching it. There was fevered discussion about the direction of the market.  He had finished his dinner on his way back home itself