lakhhow income tax slabs have evolved over the years and the way forwardfrom a mind boggling 9775 percent as the highest tax rate and 11 income slabs to just three slabs and 30 per cent as the highest rate india and its taxpayers have come a long away over the last 70 years here is a look at how the income tax structure has evolved since independence click here to read the full story can fm afford to cut your tax this year heres the mathet wealth reached out to tax professionals and financial experts to know their views on what taxpayers are looking forward to contrary to the expectations of taxpayers most experts think the budget will not offer a big tax relief click here to read the full story the tax shocks that budget 2018 could give youwith more and more economic policies moving beyond the budget the significance of the annual fiscal exercise may have diminished to some extent but the government can always tinker with direct taxes and import duties and thats where the fear lies click here to read the full storylongterm cap gains tax may returnthe government could reintroduce longterm capital gains tax on listed stocks with certain riders as part of its attempts to raise more revenue in the budget click here to read the full story why section 80c limit may be increased in this budget in budget 2018 section 80c could see an increase in its limit from the existing rs 15 lakh a year to rs 2 lakh or possibly even higher however the increase may be restricted to one or two specific taxsaving products within the section 80c basket click here to read the full storyemployee wishlist for budget 2018salaried taxpayers are expecting changes in the tax exemption limits and deductions on various allowances read on to find out what all the salaried class wants from the budget click here to read the full story what taxpayers want from the fmevery year all sections of the society puts out their wishlist for the budget so why should the everyday taxpayer be any different right from reintroduction of standard deduction to increase in exemption limits find out what taxpayers want from arun jaitley this year click here to read the full story 25 ideas for budget 2018 to make common mans personal finance less taxing the budget proposals relating to tax slabs deductions and exemptions are very closely watched by indians almost as if the budget is only about personal taxation this year the expectations of a taxpayer friendly budget are even higher given that five states have assembly elections in 2018 and another three in 2019 many economists fear that the government will roll out a populist budget as the finance minister and his team sit down to frame the budget et wealth has a few suggestions click here to read the full story is longterm capital gains tax on equity comingwith the union budget just around the corner