#Budget2017 - Suggestions
1. Tax exemption limit INR 10 Lakh, with no deductions under Chapter VI.
2. Maximum Income tax rate 20% on income above INR 5 Crore
3. New 10% Senior Citizens (Taxable) Bonds 2017 with a tenure of 6 yeras.
4. New 12% Divyangjan (Taxable) Bonds 2017 with a tenure of 10 years for persons with disabilities.
5. GST Rate for Services 12%.
6. No changes in Capital Gains tax
7. No change in Security Transaction Tax rate
8. More allocation for Manufacturing sector
9. Corporate Tax rate 25%
10. GST should cover all goods with zero rate for essential items to be exempted. more
2. Maximum Income tax rate 20% on income above INR 5 Crore
3. New 10% Senior Citizens (Taxable) Bonds 2017 with a tenure of 6 yeras.
4. New 12% Divyangjan (Taxable) Bonds 2017 with a tenure of 10 years for persons with disabilities.
5. GST Rate for Services 12%.
6. No changes in Capital Gains tax
7. No change in Security Transaction Tax rate
8. More allocation for Manufacturing sector
9. Corporate Tax rate 25%
10. GST should cover all goods with zero rate for essential items to be exempted. more
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WE ALWAYS CL AMOUR FOR INCREASE IN THE CHANGE IN THE INCOME TAX RATES AT LEAST FOR THOSE PART OF THE POPULATION WHO OTHERWISE HAS NOTHING TO CONCEAL, BUT ALWAYS THERE HAD BEEN RESISTANCE FROM THE RULING CLASS WHO SO EVER IS ON THE HOT SEAT. TO SETTLE THE MATTER ONCE FOR ALL, THERE HAD BEEN REPRESENTATIONS FROM THE AFFECTED CLASS OF TAX PAYERS THE INCOME TAX SLABS SHOULD BE INDEXED ON THE LINES OF INDEXATION INTRODUCED FOR CAPITAL GAINS FROM 1981 L.R.GOGIA 9350238886 EMAIL ID gogialr39@gmail.com more
Jan 15
Direct tax Levied in the form of Income tax on people whose known to all income is above certain limit. Well the Paan Dukaan Dakar and roadside paani poori vendor who occupy the roads and create accidental hazards and avoidable garbage nuisance are earning over 1000 plus rupees in a short time, and this never comes to the notice of to Finanance Minister or to the In Come Tax dept.....most of state Governments are even constructing 2 bedrooms flats to poor people, at whose cost, and infact most of these benefits in the name of up bringing up of the poor goes to party workers. My personnel expenditure a day is three teas a day apart fro two meals and a breakfast whereas the auto rickshaw driver or the unskilled labour spends one or two packets of cigarettes, atleast ten Zardaa paans and atleast ten teas a day apart from two meals and a breakfast.......the present govt since its coming to power has not revised the income tax slabs and whatever vii pay commission arrears it has paid to the government servants and pensioners has taken back 33% plus towards IT..hope govt look it this..soon more
Jan 15
