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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)
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 ...
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Chandran T
7 years 2 months ago
Dear Madam,
Advance congratulations for the maiden budget. Regarding the provisions in the budget I would like to draw you attention to the rapes of small children in all parts of our country. Special fast track courts is the urgent need and it require budget provision in this budget itself. It will be a fitting one . I also wish you all the best in your efforts of other important provisions. Knowing your brilliant performance as defence minister we hope and best of luck. Thanks!
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NITISH NIGAM
7 years 2 months ago
As the GDP growth rate of India decreases to 5.9% in last quarter& looses rank as fastest growing economy. Indian economy is also suffering from high unemployment. In this budget we must consider accelerating growth rate i.e. influenced by consumption that will lead to investment & employment. We should also have a provision of attractive investment policy i.e. single window clearance to domestic as well as international investors.
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Arunachalam K_1
7 years 2 months ago
I am Arunachalam from Bangalore.
I can be contacted at ackmthy@gmail.com
1. Please raise INCOME TAX exemption to 5Lakh, 80C to 2 Lakhs and 80CCD NPS to 1 Lakh and Standard
Deduction to 50000. Dont tax people earning upto 10 Lakhs
2. Film industry must be taxed properly. Celebrity endorsement has to taxed at 50%
3. Anyone earning more than 1 Crore has to be taxed 5% extra for income over 1 crore.
4. Tax 1 to 2% extra for Private Limited companies and 100% MNC
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Chandrasekhar
7 years 2 months ago
Respected Madam,
Below are my suggestions:
1)The uniform guidelines for fixing the age of senior citizen which at present is varying.
2)A senior citizen is to be identified as senior citizen everywhere and should be extended all the privileges applicable in every state which means senior citizen should be a central subject not state subject.
Thanking you
P Chandrasekhar
Retired AGM Syndicate Bank
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Suresh
7 years 2 months ago
Allocation for water conservation is a need of the hour. If we need to leave a better world for our future generations we need to bring a huge awareness - Suggested measures
1. water consumption needs to be taxed
2. River linking has to be on war footing basis
3. All old lakes, ponds to be restored
4. Satellite towns/smart cities to be pushed immediately
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arup samanta
7 years 2 months ago
We need tax free bonds announcement from public sector in this budget.Also the interest should be considerably high comparing to other avenues.This is extremely needed as we donot have much option left now.
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Satya Sammeta
7 years 2 months ago
why cant we have our own centralized crypt-currency authorized by RBI within our country & for our country.
this centralized currency will be totally controlled by the RBI. This crypt-currency has many uses. we must adapt to this style for faster development. if you give permission to start our own crypt-currency ,I'm ready to develop it for our country.
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gurudutt
7 years 2 months ago
Respected madam,
Instead of battery operated vehicle we should have more focus on solar operated vehicles &, battery also should be charged with solar... We should take some initiatives for such innovation. There should be open innovation fund to research such type of activities.. So that we can sustain our resources.
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T G Mohan
7 years 2 months ago
The banks now face a precarious situation. The liquidity is a concern, the loan books have abnormal NPAs. It is a tight rope walking for the banks as well as the Government. More funds are required by the banks now. Can we think in terms of inviting tax free Fixed Deposits from Public which is to be a cumulative deposit for say 6 years at slightly reduced interest rates, say 6.5%. The investors will be happy as it is tax free, interest above inflation rate. The rider shd be non withdrawable dep.
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Rajan Pillai
7 years 2 months ago
Problem: Majority of people are ending up their life with financial trap. This is happening in educated people also.
Suggestion: Provide practical financial basics from High school level on wards irrespective of subjects they are studying.
Benefit: Financial discipline became part and parcel of majority of people.
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