Budget 2020: Expectations of Common Man

Union Finance Minister Nirmala Sitharaman may provide relief to the common man with the tax cuts and also with low-interest rates in Budget 2020. So the common man can expect an increase in Income Tax exemption limit from Rs 2.5 lakh to Rs 5 lakh, controlled consumer inflation, increased tax benefits on affordable housing, low Goods and Services Tax (GST) on consumer durables and Fast-moving consumer goods (FMCG) and also low-interest rates on the bank loan.