The exercise to prepare the annual budget 2022-23 has begun and now, you can even give your suggestions and ideas to the Union Finance Minister Nirmala Sitharaman. The Department of Economic Affairs, Ministry of Finance is inviting suggestions from citizens to make the Budget-making process participative and inclusive.
The Ministry looks forward to your ideas and suggestions for the Union Budget 2022-2023. You can share your ideas and suggestions that can help transform India into a global economic powerhouse with inclusive growth.
The last date for submissions is 7th January 2022.
To The Honourable Finance Minister Government of India Good evening Madam .
A few suggestions are highlighted . .Hope the suggestions may be accepted in the interest of the Nation .
1..Please follow any one of the Tax regime either Old or New .
2.Please allow senior citizens for Tax exemption upto 3.5Lakhs in the New Tax regime also.
3The GST tax rates should be 5% ,10%and 15%.
4.The maximum Tax rate in case of individuals should be 20 percent on the Gross Salary Income in case of salaries employees in State or Central Government .
5..No tax upto 6 Lakhs for the Individuals .
6..Allow women employees for tax exemption of rupees 3 .5 lakhs .per year
7.In the interest of the Pensioners and Senor citizens The bank interest exemption should be Rs 1,0 0,000 per year. .
8the interest on PF should be tax free for State and Central Government employees .
with regards
from .dr.sopan kasinath
5.