- Increase Non-Taxable Conveyance Allowance from Unrealistic Rs. 800pm to approx. Rs. 3000pm. Even most economical bus pass does not come at Rs. 800. - Increase Non-Taxable Sundry Medical Expense from Rs. 15000 to atleast Rs. 45000/-. - Add new Tax-exempt component i.e. Education Expense for first 2 kids - Rs. 25000/- per Kid per Year. - Increase 80C limit from 1L to atleast 3L OR min of 1L to max 20% of Gross Salary. Enforce regulations in such way that investment towards PENSION PLAN is incentivised. - Extra TAX of 2% to 5% to be levied for those who have more than 2 kids.
