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Inviting Ideas and Suggestions for Union Budget 2025-2026

Inviting Ideas and Suggestions for Union Budget 2025-2026
Start Date :
Jan 08, 2025
Last Date :
Jan 16, 2025
00:00 AM IST (GMT +5.30 Hrs)
Submission Closed

The Ministry of Finance seeks your thoughtful ideas for the Union Budget 2025-26 which aims to reflect the aspirations and needs of the people, fostering inclusive growth and ...

The Ministry of Finance seeks your thoughtful ideas for the Union Budget 2025-26 which aims to reflect the aspirations and needs of the people, fostering inclusive growth and progress.

Whether you are a student, professional, homemaker, or retiree, your voice matters!

In this spirit of 'Jan Bhagidari', we seek your suggestions that have the power to shape India’s future and help transform it into a global economic powerhouse with inclusive growth.

Your meaningful suggestions shared through this platform are highly valuable to Ministry of Finance. This year, we look forward to hearing from you once again.

Be a part of good governance. Your participation matters! Share your ideas and help your country soar to even greater heights.

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Showing 1177 Submission(s)
Manjunath T S
Manjunath T S 1 year 6 months ago
Senior Citizens, Middle class citizens and Rural indians use Bank FD as source of investment to earn some livelihood. There is a glaring mismatch in the way TDS collection in Bank FD and other investment instruments. e.g In FD, TDS deducted on every quarter wheather interest is paid or acrued, Whereas in case of Mutual Funds and other TDS deducted on maturity. TDS on quarterly basis affect interest compounding and the effective yield to customer is much lower than expected. In the current inflationary world, TDS on Bank FDs need a relook so that There should Not be any TDS on Bank FDs. This will.help lot of people to save money and get decent returns for their livelihood.
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Manjunath T S
Manjunath T S 1 year 6 months ago
Salaried class are paying Tax ranging from 5% to 30%. They also need to pay Indirect taxes GST 18%, Effectively they are paying More than a Corporate company. There is need to reduce the burden of Tax on Individual more particularly Salaried class. Professional and individual business persons claims all expenses to reduce their tax Please consider to REDUCE Tax to the extant of GST paid by salaried class on their annual purchases of capital goods atleast.
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