Empowering MSME: Please rationalise the income tax rates for PARTNERSHIP FIRMS, which are much higher as compared to Private Limited Companies. In the MSME sector, if entrepreneurs have to collaborate, they need to incorporate a company for availing benefit of lower tax rates. However, the incorporation of a company is a costly affair and not feasible for everyone. Lower Income Tax Rates will motivate the entrepreneurs to collaborate and do business in partnership, enabling them to explore bigger opportunities and it will boost the MSME sector. The partnership firms also deserver lower income tax rates as Private Limited Companies.

Switching units of mutual funds from regular to direct plan of a scheme results in capital gains as if the switched units are redeemed. This is unfair because such switch is neither sale nor change of scheme. The difference in these two types of schemes is only in the internal costing by the AMC. Only the diff between NAV of regular scheme and direct scheme should be considered as capital gains for taxation. This would help long-term investors to benefit from the better realizations in the direct schemes. A limit of min 3-year holding may be prescribed for such marginal computations of capital gains so the commissions of the distributors could be protected to some extent.

Low cost index funds must be made more attractive to AMCs and investors of this country in the long term interests of the investors. In the USA, Vanguard company pioneered this movement against all odds. Today about 30% of MF funds in the USA are invested in low cost index funds. In India the Govt should take the role played by Vanguard company in the USA. The government must do everything it can to promulgate suitable indices that the AMC can follow and make it attractive to the investors to invest in such schemes. For a limited period the Govt can incentivize the investments in the low cost index funds like ELSS funds for this purpose.

Hon FM: From the upcoming 2022-23 budget , you may want to consider: 1.Rather than states being authorised to borrow from web/imf/and/adb.., centre authorise interstate borrowings and lender states earn returns. 2.States being able to borrow on OD basis , with a % of projected GST revenue as sovereign guarantee 3.Rather than FCI purchasing farm produce as sole msp buyer , each state sets up an FCx to buy at their MSP value and then FCI can buy from states based on interstate demand supply gaps and to ensure price control in times of natural disasters wherever that may occur 4.Get more of the mega banks to open shop overseas as SBI as 1 old fossilised megalith is unsustainable to facilitate and increase inward remittances . 5.Bring crowd sourcing platforms that do good work healthcare assistance and social support , under 80G by taxonomy at least as none of those contributions are entitled today.eg. Milaap , Keto

Respected Finance Minister Please try increase the income tax exemption limit from 2,50,000 rupees to 5,00,000 rupees in order to increase the market demand as the demand in market is very low.

बाज़ार बंद हो या सरकारी फ़रमान हो, धरना प्रदर्शन हो, दंगा हो, छोटी सी बात पर बाज़ार बंद हो तो छोटा व्यापारी ही मरा है लेकिन सरकार से हेल्प कभी नहीं मिली है … लॉकडाउन इसका ताज़ा उदाहरण है कि पुलिस और प्रशासन सिर्फ़ और सिर्फ़ इन छोटों व्यापारियों पर ही डंडे बरसाए, राह चलते अगर कोई दुकान में घुसा और मास्क ना दिखा तो पेनल्टी दुकानदार ने भुगती और दुकाने बंद करवाई… किसी भी तरह से छोटे व्यापारियों की ज़रूर मदद करे 🙏🏼

When Senior Citizens retiring from their services, they are getting their hard earned savings like PF, Gratuity, Commutation etc. This money they have to invest in safe hands and earn the interest periodically to meet their both ends. As their income dwindles substantially, income / interested earned from Banks and SCSS schemes are considered. Bank Deposit interest rate is very low and dicgc cover is Rs.5 lacs maximum and TDS is attracted. In this connection, the Honourable FM and PM can consider and adopt the following 1. SCSS maximum investment can be raised to Rs.50 lacs from present Rs.15 lacs. 2. SCSS deposit interest rate can be set at minimum 9 to 10 percent 3. Bank deposits senior citizens rate of interest to be set at minimum 9 to 10 percent. Presently it is very low at 5 to 6 percent. 4. TDS to be waived for such deposits. 5. DICGC cover for Senior Citizens deposit to be increased to 10 lacs. 6. Exemption limit to be increased to Rs. 1 lakh from Rs.50000

Dear Honorable PM Narendra Modi Sir, Doctors are writing medicines with brand name, but not with generic names. Please implement a law that every doctor should write medicines with generic names but not with brand name. Some doctors’ writing will only understand by their concerned/respective medical shops, so please instruct them to write medicine names in ALL CAPS so that it can be understandable to all. If anyone tries to write with brand name, then they should be strictly penalized. Please also provide more government generic medical shops in all states. Please escalate the matter to our Honorable Prime Minister, Narendra Modi Sir and also to cabinet ministers.

I request the honourable Finance Minister to exempt / waive GST collection on the Medical Insurance Policy Premium for Senior Citizens. Madam, when any citizen turns 60 years the medical insurance premium charges payable is more than double when compared to premium charges for lessthan 60 years. Apart from waiving GST , subsidising the premium charges for senior citizens can also be looked into considering that most of senior citizens loose their income earning capacity & they get lesser pension. Please do a favour to the senior citizens.

1 frame investor charters for market securities which is already announced in the union budget 21-22 2 set up Financial Redressal Agency to deal with consumer complaints 3 Establish National Sports Education Board which is already announced in the union budget 19-20 4 Allocate Budget for National Hydrogen Mission which has been announced on India's 75th independence day 5 set up Gender Inclusion Fund Prescribed in National Education Policy 2020 6 Bring Direct Tax Code to replace income tax act 1962 7 Bring three slab structure of GST i.e..8 15 and 30 8 Do not extend GST compensation beyond 2022 9 Privatize CONCOR 10 introduce DBT in fertilizer subsidy