Friday, January 22, 2016

What’s your next budget (2016-17) wish list ?

Are you aware that our Govt is open to suggestions from public on Budget ? 
If you have any, you can file them at www.mygov.in  till 29th January.  Open your mind, think well, think budget and finances   and post them at this site.

In the meanwhile it would be quite interesting to know what people have already suggested ! Here is a list !!
1                     Re-jig the Income Tax slabs
2                     Exempt interest income from deposits
3                     Increase IT threshold from 2.5 L to 5 Lakhs
4                     Increase Medical reimbursement limit (from present 15000)
5                     Scrap Service Tax on utility bills insurance premiums
6                     Increase investment limit  under Section 80C
7                     Accord E-E-e-E  status for NPS
8                     Incentivise  Debit and Credit card payments
9                     Higher allocation for Education, Health Nutrition schemes …
10                 Raise Tax slab to 40% for people earning over 30 Lakhs / year
11                 Mandatory annual donations to the Army
12                 Streamline/remove  DBS for cooking gas.
13                 No subsidy for people owning a car

And the most popular wish is that the Govt should sincerely go through these suggestions and implement  atleast some of them !!

And don’t you wish that the 7CPC recommendations be improved on and implemented immediately ?  Then , say so and post  the suggestion at   www.mygov.in 


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