Home | MyGov

Accessibility
Accessibility Tools
Color Adjustment
Text Size
Navigation Adjustment
Screen Reader iconScreen Reader

Inviting Ideas and Suggestions for Union Budget 2022 - 2023

Inviting Ideas and Suggestions for Union Budget 2022 - 2023
Start Date :
Dec 17, 2021
Last Date :
Jan 07, 2022
23:45 PM IST (GMT +5.30 Hrs)
Submission Closed

The Department of Economic Affairs, Ministry of Finance invites suggestions from citizens every year, to make the Budget-making process participative and inclusive. ...

The Department of Economic Affairs, Ministry of Finance invites suggestions from citizens every year, to make the Budget-making process participative and inclusive.

The Ministry looks forward to your ideas and suggestions for the Union Budget 2022-2023, Please share your ideas and suggestions that can help transform India into a global economic powerhouse with inclusive growth.

The Ministry of Finance and MyGov looks forward to your valuable suggestions.

Participate in good governance. Be heard.

The last date for submissions is 7th January 2022.

Reset
Showing 3124 Submission(s)
Ashwin Karemore
Ashwin Karemore 3 years 11 months ago
increase GST on luxury and ultra luxury items as per sale value in every category 1. GST in every category should be implemented as per sale value For example if someone buys cloths for ₹500 the GST should be 5 percent. however if the item values is more than ₹2000 28 percent GST should be applied. 2. similarly for automobiles car value in rupees should be considered for increased GST instead of engine capacity. Lot of cars use the caveat in current method to sell cars at higher prices without attracting high GST.
Ashwin Karemore
Ashwin Karemore 3 years 11 months ago
Fuel Hedging to mitigate increasing fuel prices in international market. Fuel Hedging is very common among industries to hedge increasing prices. I suggest government to start hedging fuel prices when it is increasing. more info on fuel Hedging in the below Wikipedia link. https://en.m.wikipedia.org/wiki/Fuel_hedging
RATNAKAR KAMU KIRTANY
RATNAKAR KAMU KIRTANY 3 years 11 months ago
RESPECTED PRIME MINISTER/FINANCE MINISTER,,,(SIR/MADAM),...I have been sending suggestions(reminders) for planning and complete implementation of the NEW RAILWAY BROADGAUGE LINES BETWEEN AURANGABAD AND AHMEDNAGAR (both in MAHARASHTA), for the last 2 years or so,..my reasons: (1) Further Rly line already exists from Ahmednagar to Pune, and furthe upto GOA (ref. Nizamuddin- GOA Express, via Ahmednagar route), (2) DIRECT RLY LINE FROM AURANGABAD TO GOA WILL PROMOTE TOURISM BETWEEN THESE TWO PLACES; DIRECT LINE PREFERRED FOR SR.CITIZENS & TRAVEL COST ECONOMY,, My Links: (1) https://timesofindia.indiatimes.com/city/aurangabad/aurangabad-ahmednagar-rail-route-to-get-on-track/articleshow/86122982.cms (2) https://www.lokmattimes.com/aurangabad/survey-of-aurangabad-ahmednagar-railway-line-from-mar-1/ THIS PROJECT SHOULD BE GIVEN PRIORITY IN THE BUDGET PLANNING THIS YEAR AND IMPLEMENTED AS SOON AS POSSIBLE,,ADDL. COORDINATION REQUIRED,..KINDLY SUPPORT!
Shrey Agrawal
Shrey Agrawal 3 years 11 months ago
Smartphones that are made in Bharat, must be given the benefit of being classified under the category of Computer to claim a depreciation of 40%. Currently, Smartphones are classified as mobile phones with only 15% depreciation. Today’s Smartphones are as good as computers and depreciate very quickly. They have a productive life of 2-3 years only. Therefore, it is completely logical to classify smartphones under the definition of computers and not mobiles. If possible, this benefit should be given to only Made in Bharat handsets.
Shrey Agrawal
Shrey Agrawal 3 years 11 months ago
One Simple step to truly empower girls financially, is to use the corpus of Sukanya Samridhi Yojna to generate a Monthly Income, i.e. instead of payment of entire corpus amount on maturity of Sukanya Samridhi Yojna, the same corpus must get EASILY re-invested in an Immediate Annuity Plan, which provides fixed Monthly Interest income. This simple choice must be made available to the account holder on maturity of Sukanya Samridhi Yojna. Young girls at age 21, may not be financially mature enough to effectively manage the entire maturity amount (corpus) of Sukanya Samridhi yojna, i.e. chances of mishandling and mismanaging funds at younger age is higher and thus it is imperative that necessary modification in the scheme may be made such that the corpus is used to safeguard the future of girl child in different phases of life, which can be easily achieved simply by adding an optional feature of Immediate Annuity Plan to generate Monthly or Quaterly interest income.
Shrey Agrawal
Shrey Agrawal 3 years 11 months ago
Incentivising CCTV production: Our legal system demands proof and in the absence of proof many culprits are left free. One thing that has changed in the recent years is the CCTV revolution which has helped in providing evidence to catch culprits. Among other industries, this industry is very crucial in the Justice delivery and thus it can be given special priority over other industries, therefore we must develop schemes so that more CCTVs are installed by common man. One such magic was done by the government in LED industry. Through the DELP (Domestic Efficient Lighting Program) in coordination with EESL (Energy Efficiency Services Ltd), Power Minister Shri Piyush Goyal ji quoted that price of LED has come down from Rs. 550 in 2014 to Rs. 73 in 2015. The price further went down to Rs. 65 under UJALA Yojna. This reduction in cost was achieved through aggregation of orders i.e. procuring LED bulbs in large scale and easy distribution through discoms. This can also be done for CCTV
Shrey Agrawal
Shrey Agrawal 3 years 11 months ago
Flat Income Tax Rate for Fixed Deposit: Bank Fixed Deposits are sources of passive income. Currently, income from interest on bank fixed deposits are taxed as per slab system of income tax, whereas income from alternative investment options like Mutual funds and Shares Trading have relatively lower fixed tax rate under Capital Gains Tax, which is taxable after a cushion of Rs. 1 lakh. We most humbly request you to kindly consider that passive income from interest on Bank Fixed Deposits and from Post office deposits be taxed at FIXED 10%. The honourable committee may also consider at providing a cushion of Rs. 1 lakh, i.e. income from interests on such deposits will be taxable at 10% after relaxation of Rs 1 lakh.
s chandrasekar
s chandrasekar 3 years 11 months ago
Madam, Please enhance tax free limit for Income tax up to Rs.5lakhs per year for all as day to day expenses are going high.Please arrange a pension scheme for genuine IT payers according to their tax payment.Levy special taxes for online trading companies as local traders are heavily affected. Remove digital signing system and introduce One Time Password system through mobile for IT section 44AB assesses.Income tax on interest from fixed deposits tax free limit can be enhanced to senior citizens up to Rs.2lakhs are there main income is from interest.In coming years Expenditure Tax system can be imposed as income are made as expenditure so it can easily calculated and tax can be levied if possible.Cess can be removed on taxes.Covid treatment expenses can be allowed for deduction from income for affected and dependent citizens.Income tax assessment -audit cases below 8% net profit can be altered to below 5% net profit on turnover as it can be applicable for all kinds of trades as 8% .
Abhishek Pareek
Abhishek Pareek 3 years 11 months ago
आदरणीय वित्त मंत्री जी, महोदया इस बार बजट में इलेक्ट्रिक वाहनो को बढ़ावा देने हेतू प्रयास हों जैसे पैट्रोल पंप पर चार्जिंग स्टेशन को प्रोत्साहन व ई. वाहन खरीदने पर विशेष छुट का विकल्प सब्सिडी के रुप में देना साथ ही इस हेतु इन्फ्रास्ट्रक्चर के लिए भी बजट मे विशेष प्रावधान होने चाहिए | जिससे ग्लास्को सम्मेलन में प्रस्तुत कार्बन उत्सर्जन को कम करने के लिए प्रधानमंत्री जी की संकल्पना को पूरा किया जा सके। धन्यवाद। आपका अभिषेक पारीक अजमेर राजस्थान