39 days to the Budget!
However much Finance Ministers may want to downplay the importance of the Union Budget saying that there are many fiscal decisions taken through the year, the fact is that the General Budget of the Indian Union is one of the most awaited government activities of the year.
The last day of February 2006 is the day when Finance Minister P Chidambaram will unleash this year's Budget.
Post your wishlist in the commentsboard.
2 comments:
1)No further Bank rates,postal rates decline,
2)No increased costs of day-to-day most needed things like cooking gas,foodgrains,petrol.
3)No increase in service charges,removal of education cess.
4)No TDS upto 10,000/-Rs.interest income p.a.instead of 5,000/-.
5)Costs of silk items,cosmetics like luxury items may be increased easily to balance the budget.
6)Maxi.increase in costs of Cigar,wines,tobacco products.
7)Concession in tax for housing loan instalments may be increased to 2.50 lacs p.a.considering recent increased housing costs.
8)Huge Concessions for electricity production Industries,
9)Entry load on foreign investments in India can be increased to some extent as there will be less negative effect since India is seen as retail global market and source of talented cheap labour,
10)Property purchased by foreign nationals in India may be taxed more again as it is sure to have huge investment in this sector within near future for township,housing or various industries.
In all relieve poors and middle class ppl.of India and charge more rich class ppl.as they afford to pay easily,rather they might be avoiding it hugely. This might sound bias, but can't help, please read it in positive spirit. I expect, Mr.Chidambaram should not burden poor/middle class.
The prices of everything should go down. Now, isn't that the most complete wishlist you can have?
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