In the Union Budget 2018, the government may bring changes in income tax slabs to reduce the burden of individuals. Around 69 percent people feel that the limit of the taxation should increase that can easily boost the disposable income when it comes to the hands of people. In the last budget as well, the Finance Minister, Mr. Arun Jaitely didn’t make any change in the slabs, but still provided a marginal relief to small taxpayers that is basically the reduction in the rate from 10 percent to 5 percent for individuals having the annual income between Rs. 2.5 lakh-Rs. 5 lakh. The finance minister will present the Budget for the financial year 2018-19 tomorrow. What are the expectations on the income tax front from Budget 2018? Tax Slab rejig: People are expecting that in order to offer more purchasing power to the common man and small entrepreneurs, the limit of minimum tax exemption can increase from the present one which is of Rs. 2.5 lakh to Rs. 3 lakh per annum. It will provide a