Every Budget brings with it a mountain of expectations across various sectors and strata of people and this year’s Budget, which will be presented on February 1, will be no different. On top of the wishlist is the increase in tax exemption limit under Section 80c from the present Rs 1.5 lakh to Rs 2 lakh, which will facilitate the common man to save more and pay less tax. This also would increase the exemption on housing loan principal portion which is a part of Section 80c exemptions. This would definitely be a big boost for millions of home loan borrowers.