#Budget2017 - Suggestions
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. Zero rate for essential items to be exempted. more