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Monday, 29 February 2016

The Budget of our Dreams

Hon. Finance Minister

It is a dream of all Indians to lead a worthy Life.    

This can be achieved by being able to get his
Daily meals,
Good Education,
Better Employment,
Affordable Housing. 


The next focus should be to ensure the Money allocated is being spent on the Project.
Reducing the use of Cash transactions, by offering rebate in Tax if all payments for the year is done By Cheque or Credit Card.This will bring Transparency and assist in cross referencing.

Industry should be encouraged that adds value to the product. Companies that pay wages to their employees in a mentioned proportion will be classified separately, and their tax structure will be lower than other similar industries. This one act will create a wider Tax base and get more into the tax system.

The next is to encourage all Indians to feel being part of the country.
Can we have more simpler and auto calculators on the Tax Forms so that the task of the individual is only to enter the correct earnings every month. System calculates. What system mentions gets auto deducted from mentioned Bank Account. If at a later date the income depletes, then system auto credits to the mentioned bank account. This way will be better compliance.

To boost Agriculture, we need to minimise the losses of the farmer. This will reduce the suicide attempts due to financial pressures. Also we need to ensure hoarders are not encouraged and that food reaches all sections of society.

Globally it has been recognised that Tourism is the best employer. We need to give it the desired thrust to be our prime employer. The Ganga Action plan and Swachh Bharat plan must be followed until the desired outcomes are achieved.

Infrastructure especially roads and rails must be the High priority areas. But this does not mean we damage our forests to build roads and dams. Animals and Birds have equal rights as we humans. We need to find acceptable solutions.

and finally to encourage our Members of Parliament to be truly our representatives

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