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Revenue and GST

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Inviting innovative ideas and suggestions on tax policy and administration

Start Date :

Sep 18, 2015

Last Date :

Mar 01, 2016

00:00 AM IST (GMT +5.30 Hrs)

Submission Closed

One of the key priorities of the Government is to provide a non-adversarial and a responsive tax administration with the main objective of creating an environment conducive for ...

One of the key priorities of the Government is to provide a non-adversarial and a responsive tax administration with the main objective of creating an environment conducive for achieving higher investments and growth. At the same time the focus is also on ensuring ease of doing business for the taxpayers. For individual taxpayers, Government endeavours to promote voluntary compliance by making compliance easy and reducing the cost of compliance for the taxpayers. These steps are aimed to ultimately result in buoyant revenue collections, reflecting higher growth, leading to higher standard of living and better quality of life for the citizens.

The Department of Revenue invites taxpayers and general public to provide innovative ideas and suggestions on tax policy and administrative issues with the objective of ease of doing business and reducing compliance cost for industries thereby facilitating buoyancy of revenue and increase in investment leading to higher growth.

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Showing 1495 Submission(s)

H S Srinivas Prasad 10 years 9 months ago

Sir Many senior citizens have put their money in fixed deposits with the SBI. The SBI gives only 0.25% extra interest to Sr.Citizens whereas other banks give 0.5% extra. On the other hand the SBI gives 1% more interest on deposits by its serving employees and 1.25% more interest on deposits by its retired employees. I suggest that all banks give 0.5% more interest on deposits by senior citizens and its own employees.

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Bhavesh Thakor 10 years 9 months ago

Most of black money is in form of fix properties like houses, flats and apartments. One person holds number of properties on his name. This increases the rate of properties. So common people can not afford house. So make policy that one person have only one property. Connect property card to adhar card. These will surely helpful to reduce black money and fulfill the dream of own home of every person easily. #blackmoney

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The Republican Federation Of India 10 years 9 months ago

Dear Modiji, Many entrepreneurs in India used to extent service for many foreign clients and earn foreign currency by taking service of many foreign employees/experts for the same to meet the project requirements. These employees were paid though PayPal which has been blocked by RBI now. This also hampers new small entrepreneurs from growing as they are unable to hire experts for their company from aboard and unable to pay them US dollar from their PayPal account. Please take step an

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The Republican Federation Of India 10 years 9 months ago

Dear Modiji, Some new star ups who used to work remotely from India to cater many companies abroad now facing a problem. They have taken service of many foreigner to meet their retirements of the projects and thy used o pay these employees through Paypal. Then came RBI rule. None can pay to anyone through Paypal across the border and nor they can store money in the Paypal account. We are facing problem due to this rule. I would suggest you to relax this rule immediately allowing the owners

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Ch V Ramanjaneyulu 10 years 9 months ago

80 C other should be increase as per current inflation VAT and service tax amount can be redeemable from taxable amount, this helps to goverment as people start collect the bills everywhere Plan steps for giving free education & medical for every one. Also plan no subsidy and no more reservations[as providing free education and medical]

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Sripad Nagnath Pujari 10 years 9 months ago

I personally think that the Government must charge income tax on Temples,Mosques,Churches and all pilgrimage places. Its the sector which is completely tax free and also there should be a licensing system for it. It will solve the problem of lack of money of Govt. & Govt. can also implement the money for other development plans.

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Advice India 10 years 9 months ago

if govt need more revenue with income tax then must co relate with GsT with 0.3% max or online audit day to day basis I have a program

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Jayesh Baheti 10 years 9 months ago

Make necessary provisions to create “payment agencies” for “outward remittances” and “payroll”. In other words such agencies should be able to comply regulatory compliance on behalf of the entities while entity should be able to make one payment and save time on compliances.

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Jayesh Baheti 10 years 9 months ago

Waive the requirement obtaining “Unique Identification Number” for funds received from abroad for investments from non-residents. KYC requirements and inwards remittances passing through multiple banks make it difficult for “recipient” to comply with pre-conditions for obtaining Unique Identification Number.

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Jayesh Baheti 10 years 9 months ago

1. Define a Startup or SME: - Not more than two year old - Investment by way equity or loan not more than Rs.50 Lacs - Does not employ/ contract more than 10 persons - Turnover less than threshold exemption limit Exempt startup or SME from – a. Submission of Form 15CA and Form 15CB for outward payment for services for amounts less US $ 500 per month b. Payment of reverse charge under Service Tax Act and in next under Goods and Services Tax Act

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