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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)
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.

Please use the following hashtags with respective suggestions:

#IncomeTax #Finance #Farmers #Agriculture #Health #Education #Environment #WaterConservation #GST #Employment #Entrepreneurship #Railways #Infrastructure #Others

The last date for submissions on this forum is 20th January, 2020.

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Showing 18897 Submission(s)
Sanjukta Sai
Sanjukta Sai 6 years 5 months ago
To provide income tax rebate under section 80 and 24B to the individual who purchases a house property in the name of his/her spouse and unmarried daughters so that maximum number of Economically and Middle class people could purchase house property in the name of their wives and unmarried daughters and people will be encouraged in purchasing property in the name of their family members.
Suresh Chandra Pandey
Suresh Chandra Pandey 6 years 5 months ago
I think to have more revenue for security etc purposes , the interest paid on GPF/EPF upto some extent like 2.0 be tax free and above this amount received yearly to individuals be under TAX . this will not cause burden on anybodyy and a handsome amount will be generated under i?tax.
Ram Swarup Pandia
Ram Swarup Pandia 6 years 5 months ago
#GST Dear Sir, to avoid complexity and burden of credit matching, kindly introduce a return where taxpayer may provide details of credit availed by them (in the same way as they provide details of credit passed by them in GSTR 1). It is not possible for the taxpayer to keep track of all of its suppliers' gst return filing status (this is supposed to be done by GST Department).
Jigar Shah
Jigar Shah 6 years 5 months ago
The FA,2015 had introduced section 192(2D) wherein the employer was obliged to collect the evidence in Form 12BB, hence for taking HRA Exemtions rent receipt & rent agrmnt are required to be submitted and Name, PAN & Address of the landlord is to be submitted in Form 12BB . However, the same are not disclosed by employer,taking fake rent receipts & taking fake HRA exemptions in employees computations for deduction of TDS. Hence, the purpose of section 192(2D) is defeated, as there's no penalty.
G N PALANISWAMY
G N PALANISWAMY 6 years 5 months ago
Respected Prime Minister, Namaskar. I would like to share the following with you for increasing the revenue for govt. 1. Proper income tax to be levied in respect of private hospitals registered under charitable trust. and earning money very hugely. 2. Proper income tax to be levied in respect of matriculation school and colleges who are registered under charitable trust and earning money hugely. 3. Proper Income tax to be levied in respect of charitable who are registered under trust
Seetharaman Ramakrishnanan
Seetharaman Ramakrishnanan 6 years 5 months ago
Increase the limit for no income tax for the annual income if Rs.8 lakhs. The logic for creamy layer of Backward cast as well as for the EWS definition the annual income limit is fixed at Rs.8 lakh. If it is less than Rs. 8 lakh then the income limit for the reservations under the above groups in jobs and education institutions should also be fixed equal to the income for which no tax is levied. Standard deduction to be increased to Rs.150000 lakhs.
ganesh bhat
ganesh bhat 6 years 5 months ago
#Income Tax 1) Rebate u/s 87A upto ₹12500 is given only to those assessees who purchased any property or assets worth ₹25000 or more during the P.Y. 2) Allow 10% Deduction on any property or capital asset purchased during P.Y. on or above the cost of ₹50000 in total income. If the government encourage public expenditure through giving tax benefits then it slove the problem of #economic slowdown,#unemployment etc.