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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)
Jai Prakash Dadhich
Jai Prakash Dadhich 6 years 2 days ago
There shouldn't be any income tax up to 5 Lakhs. There shouldn't any rebates like women, senior citizens, 80 G or tuition fees or home loans or medical policies. Only flat rates should be applied so income tax return form is easy to fill and more convenient. Slabs should be as follows :- up to 5 lakhs - nil Up to 10 lakhs -5% Up to 15 lakhs -10% Up to 20 Lakhs -15% Up to 25 Lakhs -20% Up to 30 Lakhs - 25% Above 30 Lakhs - 30%
Praveen K
Praveen K 6 years 2 days ago
1.No changes to personal Income Tax slabs or tax rates.How ever contributions to capital in partnership, proprietorship or primary issues in companies may be exempt/deducted from taxable income. 2.Same reduced Income Tax rates for companies should apply to registered partnership firms under Indian partnership act, since most MSME are partnerships. 3.Central government basic pay hiked 257% under 7th Pay .Justified for lowest grade but not for higher grades.Reduce the same for higher posts
Saugata Chakrabarti
Saugata Chakrabarti 6 years 2 days ago
Time to take drastic steps for the improvement of India. Increase income tax for all [+agri] so that, basic healthcare, education and old age support can be provided by government. Here is a model with details: We need to create more taxpayers to develop India. Stop all quota and subsidiary and focus on developing Taxpayers within 10 years from now. Paying tax is good & STOP CAs to advise on tax savings. India needs money, period.
suhas sarode
suhas sarode 6 years 2 days ago
जिन्हे निव्रुत्ती वेतन नहीं मिलता ऐसे वरिष्ठ नागरिक लोगोके लिये जमा पुंजीपे अच्छा खासा ब्याज मिलना चाहिये।ऊन्हे मेडिकल facility सुविधा कम.दाममे मिले तो ठिक ।
P K KRISHNAMURTHY
P K KRISHNAMURTHY 6 years 2 days ago
Dear Hon'ble Finance Minister Madam Nirmala Staraman, Greetings for the day from COCHIN. I HAVE FEW SUGGESTIONS AND OBSERVATIONS OF THE PRESENT ECONOMIC SITUATIONS PREVAILING IN INDIA. 1. PLEASE INCREASE THE TAX SLAB FURTHER TO 5 LAKHS FACILITATE MIDDLE CLASS FAMILITIES. 2. LET INSURANCE AND HEALTH POLICIES BE MADE FREE OF GST 3. GIVE SPECIAL INTEREST RATE FOR SENIOR CITIZENS ESPECIALLY NON PENSIONERS AS THEY SUFFER LOT 4. MAKE CSR FLEXIBLE 5. INCREASE CORPORATE TAX
Prakash Vishvanathji Barde
Prakash Vishvanathji Barde 6 years 2 days ago
Dear Hon'ble Finance Minister, By considering the market inflation the income of salaried employees upto minimum Rs. 5.00 Lakh may please be exempted from Income Tax. the rates from 5 Lakh to 15 Lakh may be imposed @ 10%. This will result faith of employees in Government. With Regards and Warm/Best Wishes. -Prakash Barde, Mumbai
ksshaji
ksshaji 6 years 2 days ago
can we do away with these deductions, exemptions, and so may clauses. tax must be just based on the gross income. I wish we will have such a day.
Jitendra Singh
Jitendra Singh 6 years 2 days ago
Dear Ma'am, Abolish the income tax for salaried class, since you are already taxing our business houses. This step can be revolutionary for all the working class. I think it is possible in discussion & concurrence with India Inc. This can will definitely boost our economy, as our spending power enhances..
sanjay vaidya
sanjay vaidya 6 years 2 days ago
Sir, the Govt is deprived of taxes as the businessmen do not deposit them. It can only be ascertained by authorities if bill is given for the goods purchased. Please make it a law that a shopkeeper has to give printed bill for goods above Rs 100, whether or not customer demands it. As of date, the shopkeepers give you discount on goods when you don't take bill. They charge taxes on the final amount, but give discount to customers from that amount only. It will surely improve revenue. Jai Hind