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Inviting Ideas and Suggestions for Union Budget 2019-2020

Start Date :

Jun 06, 2019

Last Date :

Jun 20, 2019

23:45 PM IST (GMT +5.30 Hrs)

Submission Closed

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 ...

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 Ministry looks forward to hearing from you on your suggestions for the Union Budget which will be presented in the Parliament in the upcoming session.

Citizens from all walks of life are welcome to be a part of this democratic exercise. You can submit your suggestions either directly in the comments box or attach a PDF document.

We seek your valuable ideas to continue the tradition of the Union Budget incorporating the citizens’ aspirations. The last date for submissions on this forum is 20th June 2019.

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Ram Bhimani 7 years 2 months ago

Here are suggestions for the budget: 1) Roll back Long Term Capital Gains Tax on shares - It is necessary for the healthy development of capital markets. Already, STT is charged on shares. 2) Reduce corporate tax for all companies to 25% - It will give a much needed boost to the economy 3) Ensure that 5G auctions take place in FY20-21 – This will bring much needed revenue for the government 4) Don’t introduce Inheritance Tax 5) Remove tax on dividends above 10 lacs as DDT is charged.

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SIVAKUMAR 7 years 2 months ago

மாண்புமிகு பாராளுமன்ற, சட்டமன்ற உறுப்பினர்களின் ஓய்வு ஊதியம் மற்றும் சலுகைகள் அளிப்பது தொடர்பாக : உறுப்பினர்கள் குறைந்தது 3 முறை உறுப்பினராக தேர்வு செய்யப்பட வேண்டும் என்ற நடைமுறையை பரிசீலிக்க வேண்டும். அவை நடவடிக்கைகளை நடத்த விடாமல் இடையூறு செய்யும் உறுப்பினர்களின் அன்றைய தின ஊதியம் மற்றும் அனைத்து சலுகைகளையும் பிடித்தம் செய்ய ஆரம்பித்தால் அவை நடவடிக்கைகள் விரைவில் ஒழுங்காக நடக்க ஆரம்பிக்கும்.

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Durgesh Chandra Sharma 7 years 2 months ago

To support Hon'ble PM Modi ji initiatives of providing houses to all under PMAY, Swachchh Bharat Abhiyan, Fibre Cement industry can play a vital role. Fibre Cement Products Manufacturers Association (FCPMA) request to reduce the GST on fibre cement products specially sheets, pipes, boards etc to make these affordable to rural masses.

mygov_156094691558753141.pdf

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Jagdish Raj Chhabra 7 years 2 months ago

All registered companies be allocated villages as per their capital strength for development of the allocated village in respect of infrastructure, health and education with a view to generate employment in the allocated village. Each company providing agro based infrastructure in village and developing health and education facilities be given suitable income tax exemption

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CH VENKATESWARA RAO rao 7 years 2 months ago

The CAGS scheme of 1988 warrants attention and revision as the limits which are set in 1988 (Rs 50 lakhs) have deeply eroded. Examples Price of Gold10 Fold/land Value over 50 Fold /Flats over 20 Fold/Foreign exchange 10 Fold. In Order to make the scheme relevant and attractive (as in 1988 ) Please consider changes for making the scheme relevant again.Present Limit of Rs 50 lakhs @5 year lock in period at 5.75 % ,interest is effectively Rs 5 lakhs in value in 1988.Request meaning full change

mygov_156094702358744581.pdf

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Chandra Babu Bhargavan 7 years 2 months ago

Population Control: India's population is exploding and will soon overtake China.This will have catastrophic effect on our natural resources. My suggestion is to formulate a National Population Control Policy and implement through Primary Health Centers by education, advertising,distribution of free contraceptives, counseling of young couples on first delivery, legalising abortion after second child, announcing incentive schemes to small families on health care and education of their children.

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Srinath 7 years 2 months ago

1. Some professions such as Doctors, Lawyers , Teachers etc . earn money through a second source and generally dont declare in the Income tax statement, generating black money in loose cash . There should be a strategy to capture the money that such professions gain through secondary sources. 2. Plastic waste such as bottles , wrappers etc are getting generated everyday in Tons. It also impacts a lot in sustaining Swaach Bharat Mission . To reduce the impact , kiosks have to be implemented.

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sushil agarwal 7 years 2 months ago

Once tax slabs are finalized these should be applicable to each and every individual. All exemptions of every kind should be ruthlessly removed. This, besides reducing tax evasion, will enable the government to reduce overall tax rates uniformly for everyone. It will also bring greater harmony among the society.

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