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SUGGESTIONS FOR THE UNION BUDGET FOR THE YEAR 2017-18.

Budget - By: - krishna murthy - Dated:- 6-1-2017 Last Replied Date:- 6-1-2017 - First the UNION BUDGET must be with a good aim,Transparent and strong intention to develop all the community and all the regions of the country and protect the country.Every one have only 24 hours a day. Out of 24 hours every one is working about 8 to 10 hrs a day only . But only 10% of the people are becoming too rich and 90% of the people are becoming too poor to middle class. Only few regions are being developed. .....

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es and must change the beggars) to become rich. 03. It should develop the Industries and Infrastructure. 04. It should remove the poverty. 05. It should reduce the fear in the people and create interest to live. 06. It should increase the employment opportunities. 07. It should improve the moral responsibilities & Accountability in the people. 08. It should able to utilize all the resources including man power. 09. It should encourage the the exports and Imports and Foreign Direct investment .....

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eople and critical for the remembering of Tax calculations. Today, even degree passed people also are not able to understand the income tax calculations and not able to file the Income tax returns independently. Hence further simplified the returns filing system. The present Income tax system highly punishing, only the salaried employees, by way tax. Because the employers are maintaining the salaries records perfectly. Where as the Big kirana shop people, Pan shops, Hotels, Chat bandies , Barber .....

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dren, men, women, Sr.citizens and super Sr.citizens etc., Then why the different tax slabs and different calculations? The Tax system should be able to make the poor and rich equal. Collect the more taxes from rich people and use the money for development of country and the poor welfare & development schemes. The abolish of wealth tax is not correct system. Even after 67 years of Independence, about 60% families do not have houses. 10% of people have more than 10 houses or flats and they are .....

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ng below ₹ 5 Lakh ina year. Further, I would request the respected and honorable Finance Minister, Prime Minister and President of India to consider the following suggestions in the coming Financial Budget.Declare the Tax holiday for 5 years as a 5 years plan for individuals, providing an option to file the returns for refunds and other reasons. So that IT officers will put more concentration on rich , corrupted and Black Money People . Increase the IT exemption limit to ₹ 5 lacks. C .....

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f incomes , but also their yearly Expenses , Savings and Investments. And the slabs Rs. ₹ 5.01 lacks to ₹ 10 lacks , the tax should be 10%, Rs.10.01 to ₹ 15 lacks 20% and ₹ 15.01 lacks to and above 30%. Under sec.80cc, increase the limit to ₹ 6 lacks to all the individuals and remove all the exemption, rebate sections ( Ex: HRA, Medical, Conveyance, handy cap , trade mark etc,. all ) and education Cess etc., Surcharge may be remain same as 10% for above 1 Crore. Wai .....

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ify, collect and sell or put action on the Benami Assets with the co ordination of ACB, CID, CBI, state and central vigilance and Inter poll. Simplify the tax calculations and should be easy to understand the even a 10th standard people and create interest in them to pay tax for the sake of nation and prove their honesty. Do not make the people liar's and Tax evaders. Rich people, corrupted people and Black money people must pay more Income Tax. Hence, Wealth tax exemption limit may be incre .....

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obha bave , Jaya prakash Narayan etc., to recover the corrupted money and Black Money with their honest and sweet words. That means without any force , punishment and legal procedure. Through this type of Budget also the Govt. will able to recover more funds (Taxes & Black money) to use for the Industries & Infrastructure development, employment generation,education and can use the funds for poor welfare schemes. The poor will become rich and live with the morality as well as comfortable .....

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