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What do salaried employees expect from the budget?

Salaried individuals are the biggest contributors to the Indian economy in terms of taxes. 

Inflation is rising, the cost of living is high and tech layoffs are being seen, making it a harsh year for employees.

Salaried individuals are expecting an increase in tax deductions and slab rates in this union budget.

Tax deductions for investing in schemes have remained the same since 2014 at 1.5 lakhs under Section 80C.

The expectations of individuals for increasing the limit of deductions and allowances are unarguably right.


 Deduction limits for medical expenses should be raised due to high healthcare inflation.


 The government should consider increasing deductions and allowances to provide financial relief to salaried employees.

Click here to know more about budget expectations of salaried employees.

Check here for more budget related stories.


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What do salaried employees expect from the Union Budget 2023?

Income tax deductions are becoming the talk of the town for the union budget, let’s understand why in this article.

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