What tax benefits? The Govt is already planning to increase the prices of petrol/diesel and LPG. That will be enough to push up the prices of all commodities once again. How much of compensation will the FM give in the IT Rebate? Another Rs 10,000/- a year - meaning IT Benefit of Rs 100 to 200/year?
If the Govt is serious, they should bring in IT based on the CPI.