Business Standard

Budget 2018: Expect tax benefits, infra push in Jaitley's please-all Budget

The tax exemption limit is expected to be increased from Rs 250,000 per annum to Rs 300,000 or more, and there could be some changes to tax slabs to lighten taxpayers' burden

Arun Jaitley

Vinu Cheriyan
The budget 2018-2019, is likely to get some relief for everyone as it is the last full-fledged budget of the BJP-led government ahead of the general elections in 2019 and the government is expected to follow a please-all strategy. The government is diligently working on various permutations and combinations to arrive at the right mix which ensures that the tax burden is not unreasonable and at the same time enough resources are mobilized for infrastructure development. We expect that the finance ministry is working on a proposal to increase the tax exemption limit from INR 2.5 lakh per annum to

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First Published: Jan 31 2018 | 11:13 AM IST

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