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Inviting Ideas and Suggestions for Union Budget 2020 - 2021
Start Date :
Dec 16, 2019
Last Date :
Jan 20, 2020
23:45 PM IST (GMT +5.30 Hrs)
In order to make the Union Budget-making process participative and inclusive, the Ministry of Finance has sought inputs from citizens for the last several years. This year too, the ...
I suggest the govt. should take steps for the demand side , the consumer should have money to spend . The fastest way to put extra money in people's pocket is to increase term deposit rates , short term rates should be increased to 10% and long term to 12% , with lock-in . Govt. can expect lot of money deposits in the banks . Also just like public sector , pvt sector should be told to design salaries in accordance with 7th pay commission . Similar pay scales should be applicable in pvt sector
Standard deduction for salaried employees should be raised to be more realistic. It is very much fair and just of the NDA government to restore Standard Deduction which was unfairly removed by Mr. PC in 2005.
Also, some of the limits should be made inflation indexed so that those need not be amended as part of the budget exercise.
Reg full tax rebate for income upto Rs.5 lakhs, those earning above Rs.5 lakhs should get a marginal relief. if income in Rs.500100 tax can't be above Rs.100.
Namasthe Modi Ji,
I truly Glad to share my thoughts with you Modi Ji,.
My suggestions are mostly for developing entrepreneurial spirit. Nation must make business risk taking bit more easy. For that I suggest following
1) Waive off education loan of those who choose the path of entrepreneurship after IIM,IIT. One can't start an entrepreneurial journey with huge education loan on their shoulders. This will also create more employment #Entrepreneurship #Employment
2) Do away with 10% income tax TDS requirement for those who are also paying the GST. #IncomeTax
Mentioned several issues and their possible solutions. I expect some of these will be included in budget. Please find attached pdf for all suggestions.
Education system should be uniform all over India.Learning Hindi should be encouraged by giving scholarships.Drinking water should be made available easily.All the existing government hospitals should be upgraded to the level of AIIMS and free treatments should be given to all the people.Existing income tax limit may be continued.Water source should be made available to agriculturist on all seasons.All the rivers should be nationalised.
#Agriculture
नदी जोड़ो परियोजना को युद्ध स्तर पर पूरी की जाए।
किसानों को बिजली मुफ्त में या बहुत कम दरों पर दी जाए।
किसानों को फसल बीमा की किस्त सरकार भरे।
सरकार प्रत्येक ग्राम पंचायत क्षेत्र में वेयरहाउस बनाए, प्रत्येक तहसील स्तर पर कोल्ड स्टोरेज बनाएं।
सौर उर्जा चलित पानी उलिचने वाले मोटर पंप सरकार बड़ी सब्सिडी पर और दीर्घावधि कर्ज पर किसानों को तुरंत दे।
खेतों को बाड़ लगाई जाए जिसमें सोलर करंट हो। सरकार यह अपने उद्योगों में रिसर्च और उत्पादन कर किसानों को जल्द सब्सिडी पर दे।
#Union #budget #ideas
When a foreign entity announces to invest in India, a central govt officer from the Ministry of Commerce must be appointed as a person-in- charge to assist the foreign entity with all the government related incorporation and tax compliance procedures and advising them with all legal matters, so that the proposed investment turns into Real Investment on ground benefitting the society as soon as possible!!!
Please take efforts to make this possible !!!
Thank you !
#WaterConservation
Please make Rain water harvesting as mandatory for all type of buildings in any state of India.
This is to save water for future generation and to avoid spending more money for the water by middle class people in India.