₹50,000 to ₹1,00,000. Businessmen and the self-employed are looking for adjustments in the highest tax slab threshold from the current ₹1.5 million, or a reduction in the top tax rate of 30% for incomes above this figure.
Additionally, there is a widespread expectation for an increase in deduction limits under Section 80 for medical insurance premiums. Also, 70% of consumers hope for a larger tax rebate on investments under section 80C (PPF, Tax Saving Mutual Funds/ELSS, National Saving Certificate).
Read more on livemint.com