Budget 2015: What consumers, investors and taxpayers are expecting
Corporate houses want the minimum alternative tax to be cut from 18.5% to 15%.Real estate developers don't want to be taxed for unsold flats. Knowledge economy companies want stock options to be treated as a deductible business expense. Amid this pre-budget clamour for big-ticket incentives and multicrore tax cuts, willFinance Minister Arun Jaitley listen to what Mumbai-based Shruti Arora wants frombudget 2015? "I want the deduction under Section 80C to be hiked to Rs 2 lakh a year," says the 30-year-old IT professional. An additional Rs 50,000 deduction will help her save Rs 5,000 in tax.
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