Isha Gupta (Chartered Accountant) (180 Points)
25 May 2009The upcoming budget would bring in a lot of surprises. It would b a milestone for Indian economy. I would like to know what you all expect from this budget.
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 25 May 2009
I expect increase in the threshold limit for non-taxable income.
Isha Gupta
(Chartered Accountant)
(180 Points)
Replied 25 May 2009
I would like to know if you were the advicer to the finance minister what changes would you like to bring in this budget. How would you plan the budget.
CA Tilak Raj Sharma
(Practising CA in Solan (H.P.))
(6374 Points)
Replied 25 May 2009
FM should do something for industries to come out of downfall. There should be some relief package for them in the budgets. In my view there is no need to make any changes in the individual threshhold, besides FBT should be gone.
Isha Gupta
(Chartered Accountant)
(180 Points)
Replied 25 May 2009
There are a few things i personally would like to change, like
CA Tilak Raj Sharma
(Practising CA in Solan (H.P.))
(6374 Points)
Replied 26 May 2009
Govt. cannot tax agriculture income, they have to fight election again after 5 years.........if they do this then the seats of congress will come to under 100 from 205. Its all politics so you cannot expext big things from Govt.
Ritesh Jain
(CA, CS in Job)
(675 Points)
Replied 26 May 2009
Some SEZ benefits could be withdrawn.
Corporate and non corporate taxes could see some decrease.
Instead of increasing the B.E.L for individual tax.Some deductions could be introduced in savings to boost economy.
Sumit Jain
(CA)
(4760 Points)
Replied 26 May 2009
hey demon
let us see
what u are doing full of sense
RAMANJU
(here to updating the knowledge)
(485 Points)
Replied 26 May 2009
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
