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7 Expectations of woman from budget 2016
Tax exemptions for day-care expenses
We are more inclined towards nuclear family set ups, with both husband and wife working full-time jobs in metro cities. In such a scenario, women have to play multiple roles, especially as working mothers. Day care facilities are a norm with them since they have to depend on day care facilities that will take good care of children while they are away at their jobs. Since these are quite substantial amounts, a tax exemption for these expenses is definitely called for. An amount of Rs 3,000 per child per month is a fair amount of exemption to be expected considering current inflation rates.
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