India, Jan. 27 -- The COVID-19 pandemic left small investors in a state of uncertainty as there were major job and business losses, salary cuts and, above all, loss of lives and health. Although the steady rise of the stock markets this month gave some respite and hope to people, 2020 was mostly a tough year and hopes are now pinned on the forthcoming Union Budget on February 1. After an insipid annual financial statement last year, the nation is now looking to Finance Minister Nirmala Sitharaman to spread some cheer.

For common people, Income-Tax (I-T) relief is an important aspect. Although relief in I-T slabs would be a welcome move, it is highly unlikely this time as the Government is stretched to the limit due to the expenses it has...