Indian Budget 2017: Voice Your Expectations

[Akash1886]

Friends,

2016 saw a historic move by our central govt. The move has absolutely re-shaped our thoughts with respect to our economy. The 2017 Budget will be presented on February 01st so I would like to have your valuable views as to what all you expect from it this year. It is not necessary to talk only of the Auto Industry in this thread. You all may include your ideas with regards to any industrial sector in India and also what all schemes you wish should be included this year in the budget and what type of relaxations you feel should be provided to the people here. Our Budget is of-course, Of the People, By the People and For the People!

Regards

Akash

 

[der92]

In Auto Industry, I think they should revise the 4m tax slab to 4.2m. Also expecting higher incentives on pure hybrid and electric vehicles. It's sad to see how e-verito and e20 suffer due to higher prices. Fuels like ethanol, LNG and CNG should be promoted.

In other sectors, rumours suggest there will be a massive change in the Income Tax rates. GST will be implemented in the next financial year. Also, rumour says there will be a service charge for cash withdrawals above ₹50,000. So I hope the Govt will withdraw service tax and prohibit implementing service charges on Card/Wallet payment

 

[Akash1886]

Friends,

The Budget for 2017 shall be presented today by the Govt. It's definitely an important one after the demonetization. Kindly provide the updates on the same here.

Regards

Akash

 

[Godfather]

Let's see if the budget session happens today due to the untimely death of Lok Sabha MP E Ahmed. Most likely they will disperse after paying condolences. But chances of presenting the budget in Rajya Sabha still holds.