My Budget Expectations

Hi Sir/ madam,

I would like to share my expectations about this budget.

1.       Increase the income tax limit from Rs.1.5 lakh to Rs.2.2lakh. This would be great helpful and relief for the people like me, belongs to middle class. People like me have greater responsibility to play in home life. This could be decrease that economic problems caused due to lack of money.

2.       Please give the tax relief for the PRINCIPAL amount paid to the bank for the Education loan amount.  From last year onwards, it has been taken away. Instead of that, the total amount paid towards INTEREST became tax relief. But if big amounts like (5lakh or more than 5lakh) could be better beneficiary for such tax exemption. So that, it could be deeply appreciable if the tax relief for the PRINCIPAL amount paid towards would be restored as it is.

My Profile – Brief

 

Name	Nijo Francis
Profession	Software Engineer
Location	Technopark, Trivandrum, Kerala
Academic Level	Master of Computer Applications (MCA)

 

I have pursued my MCA by taking Education loan from Canara Bank. I got job as Software Engineer from campus recruitment. I am a daily user of Hindu Publications like The Hindu News Paper Daily, The Business Line Economic daily, and The FrontLine. I ask question regarding Stocks in Business Line and write short notes to Business Line and The Hindu daily. And I would always suggest my friends and relatives to listen for your news and analysis reports. I have noted down some of the short notes published in The Hindu publications,

Short note on Growth Vs inflation

http://www.thehindubusinessline.com/mentor/2008/04/14/stories/2008041450771200.htm

Questions,

http://www.thehindubusinessline.com/iw/2009/03/15/stories/2009031550390800.htm

http://www.hindu.com/edu/2004/08/03/stories/2004080300050300.htm

 

Thanks in Advance,

 

Best Regards,

Nijo Francis

Software Engineer

Technopark, Trivandrum- Kerala

Mob: +91-9995547174