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Inviting Ideas and Suggestions for Union Budget 2025-2026

Inviting Ideas and Suggestions for Union Budget 2025-2026
आरंभ करने की तिथि :
Jan 08, 2025
अंतिम तिथि :
Jan 16, 2025
00:00 AM IST (GMT +5.30 Hrs)
प्रस्तुतियाँ समाप्त हो चुके

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.

फिर से कायम कर देना
1177 सबमिशन दिखा रहा है
SANJAY SARKAR
SANJAY SARKAR 1 year 5 महीने पहले
Currently, hundreds of crores of Bank Guarantees (BGs) are submitted with the Customs authorities by Industry and delay in completion of assessments and verifications results in increased cost of BGs. There is a need to introduce guidelines and instructions to trade mandating timely completion of assessments and verification processes.
SANJAY SARKAR
SANJAY SARKAR 1 year 5 महीने पहले
On the ease of doing business front, there could be enhanced focus on digitisation of customs compliance processes relating to submission of physical documents for adjudication and assessments. Submission of letters, documents could be made digital and measures such as API connectivity for uploading of data and customs duty payment could be introduced. Streamlining import and export paperwork and processes would also make retail supply chains more efficient, particularly in industries like electronics and luxury goods.
SANJAY SARKAR
SANJAY SARKAR 1 year 5 महीने पहले
Rationalisation of custom duty rates by reducing duties for various inputs that are used for manufacture of consumer products and increasing duties on direct import of finished products. This would promote domestic manufacturing in line with the Government’s Make in India initiative and provide a level playing field to domestic manufacturers.
SANJAY SARKAR
SANJAY SARKAR 1 year 5 महीने पहले
Rationalisation of custom duty rates by reducing duties for various inputs that are used for manufacture of consumer products and increasing duties on direct import of finished products. This would promote domestic manufacturing in line with the Government’s Make in India initiative and provide a level playing field to domestic manufacturers.
SANJAY SARKAR
SANJAY SARKAR 1 year 5 महीने पहले
The rationale behind above would be to align the thresholds, exemption limit and tax rates with the inflation, and a revision would provide much-needed relief to a vast segment of the population. Budget 2025 should also boost government spending pushing employment generation and growth. Such initiatives are likely to invigorate demand in consumer and retail markets, aiding in the acceleration of economic progress.
SANJAY SARKAR
SANJAY SARKAR 1 year 5 महीने पहले
Presently deemed dividend taxation and other complications severely restrict free cash flow between group companies and create artificial barriers for free capital flow. Hence, enabling “cash pool structure within group companies” would be welcome step for retail and consumer corporate groups.