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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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Showing 18319 Submission(s)
Vinod Kumar
Vinod Kumar 7 years 2 days ago
Take some strides towards direct tax code, by reducing the tax percentage or increasing the limit of taxable income and removing few exemptions. So that by next year, there are no exemptions and tax structure gets simplified. Indirect taxing is a much better and covers larger population, than direct taxing.
Pratik Toshniwal
Pratik Toshniwal 7 years 2 days ago
Stock brokers should upload reporting data to designated SEBI portal and all exchanges should download data from the SEBI portal for their records. This can apply to annual submissions for balance sheets, networth certificates, shareholding pattern, half yearly submissions for enhanced supervision, internal audit report, system audit report, quarterly submissions for 1% holding, limit setting certificate, client funding, margin trading reports, monthly submissions for client funds and securities
Divagar
Divagar 7 years 2 days ago
Competive exam fees for Obc ,Bc, Mbc is Very High compare to to others upto Rs.1000 Why this partiality Mam Many poor peoples in Obc category also mam Many jobless graduates First graduates , Agri labours family, Mgnrgs workers families in obc category also so please reduce exam and education application fees madam
Lovey Mehra
Lovey Mehra 7 years 2 days ago
Simplification of Income taxation Process has in the past brought enhanced compliance in Taxation collection.Presumptive taxation is one of such Initiatives. But section 4AA(1) definition of professionals is limited to few. It is requested to recognize mutual funds Distributors as one of the recognized professionals under section 44AA(1). Individuals who have cleared professional exam of NISM are allowed to market Mutual funds and their Turnover is paid 100% by Banking Channels.
Shayad Gurung
Shayad Gurung 7 years 2 days ago
Lakhs of comments don't know whether this one will ne noticed or not still have higg hopes from our Govt. We students request Honourable Government of India to bring about increase in Education budget.
Pratik Toshniwal
Pratik Toshniwal 7 years 2 days ago
Recent circular of NSE (& SEBI) regarding Uniform Membership Structure seeks to raise Interest Free Cash Deposit of members from Rs. 50l to Rs. 100l at a time when it is introducing intermediate layer of security (& guarantor) by way of "Clearing Member" in CM segment. Since this Clearing Member concept is prevalent in FO segment, the IFSD deposit amount is only Rs. 8L. Now with introduction of Clearing Member concept in CM segment, brokers should look forward to substantial reduction in IFSD!
Vinod Kumar
Vinod Kumar 7 years 2 days ago
Consider removing tax surcharge on salaried employees with income of more than 50 lakhs or 1 Crore. That is a big component and people in that bracket would spend that money more often than save, so it does help the economy. Its not a big dent on the tax collection itself, but will flow into consumption, if removed.