The Great Debate (India)

What do you expect from Budget 2012/13?

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Finance Minister Pranab Mukherjee will present the annual budget in parliament on March 16.

The Direct Taxes Code (DTC) will be in focus this year. Individuals will seek more clarity on income tax slabs and the investment instruments eligible for tax exemptions. Options like tax-saving funds (ELSS) may no longer be eligible for tax breaks going ahead.

Reuters India¬†asks its readers to don the finance minister’s cap and tell us what shape they would give to the¬†budget.

What is your budget wishlist for this year? What should the income tax slabs look like? Which investment products should be added or removed from the exemption list?

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