Submitted Budget Inputs
The following inputs have been submitted by us for Budget 2015-16. They include inputs against the 2014 Manifesto as well as the personal taxation oriented Budget inputs.
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Rajendra Pratap Gupta
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Budget 2015-16 Inputs from local circle Transform India with Modi
1. Introduce e-governance in all govt. matters to eliminate middle agents and corruption
2. Enable open governance/transparency enabling communities like Transform India with Modi for all Ministries and State Governments
3. Digitization of every department so that citizen could transact with Government online from his home
4. Usher reforms in banking and insurance sectors. Focus on decentralization
5. Fuel prices are coming down still food prices are becoming higher. Crack down on black marketers and hoarders
6. Higher allocation for education and health is a must. EDUCATION especially in primary, secondary and vocational areas essential
7. Make primary education mandatory across India
8. Provide healthy food for every child
9. In health, investments in primary and secondary levels are critical
10. Taxation on life saving drugs should be reduced
11. Concrete steps should be taken to bring back black money to India
12. Drinking water to all driven by water grid infrastructure and decentralized community-management
13. Encourage small scale industries, so we can reduce imports
14. State Government Labour Departments should also initiate action with un-organized sectors about their fair dealing their employees
15. Interconnection of Selected Rivers ; Formation of Reservoirs , to solve Flood and Drought with a mission for increasing Cultivation & meet Drinking Water necessities
16. Abolish 1000 Rupee notes. Maximize high value transactions through banking system cheque, draft, electronic.
17. Include Petroleum Products as items of importance in Section 14 (Sales Tax Act) leading to lower CST/VAT on Petrol/Diesel.
18. There should be lesser tax for CNG/LPG vehicles to promote greener fuel
19. More funds to be allocated for the development of alternate power sources
20. Reduce interest rates for lending
21. Income tax should be abolished and replaced with Transaction tax
22. Increase the tax exemption limit to 3 lakhs for the salaried
23. Increase the limit of exemption section 80 C
24. Increase the exemption limit of medical reimbursement from INR15000 to INR 30000
25. Revise the exemption of interest paid on housing loan
26. Simplify taxes. Introduce GST and abolish other taxes.
27. All interest income for FD and debt-instruments should be exempt from taxation
28. Allow health insurance benefits for spouse and children (currently this is clubbed under 80C with limit of 1 lakh)
29. Income tax on pension should be removed
30. Transport exemption should be significantly increased from Rs. 800
31. Increases taxes on luxury items like alcohol, private air charter travel, imported cars
32. Curb exports of commodities that are in shortage domestically
33. Classify food trucks differently and ensure they move through city/state borders faster
34. All interest income for FD and debt-instruments should be exempt from taxation more