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What are you expecting this Budget ?

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Rosh_0007
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While there is no official announcement on the date of the presentation of the Union Budget, media reports suggested that Finance Minister Nirmala Sitharaman will table the Budget in the third week of July, with the commencement of the Monsoon Session of the Parliament. The Monsoon Session is set to begin on July 22, per sources. The session is likely to continue until August 9..

I feel,

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Also , 18% GST. Other educational services like provision of books, uniforms, transportation – 5% GST

What should be improve according to you ?

Let's discuss in comment!

Note - Please don't make it political.

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Cool Cool
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Necessity and Luxury Differs from Person to Person

Deal Lieutenant Deal Lieutenant
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P.S to the post Note: no offense hmmm how can we avoid political when this question of budget (govt. hidden agenda is political) itself is political ???? hmm its kinda paradox

Rosh_0007

i mean if we gave any "good answer" its polticial (remember budget is political agenda in the name of countries welfare), but the post condition you have mentioned is "dont make political" -> which makes one not able to give "exact answer" for the given question xD

hmm example, like hmm make 5% this and 12% that and 18% this and 27% that... is not a good answer in my opinion (without background reasoning and that background reasoning will get political - matter of fact)

paradox, hmm sad paradox

(again no offense)

Hunk Hunk
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I am expecting more tax burden by this government.

Deal Subedar Deal Subedar
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You can expect this from any govt.
Jjust Yesterday Karnataka increased ~4 Rs. in Petrol and also planning to increase price of public transport.
Now do think when this party comes to Central govt, they will decrease tax?

You can not get relief from tax under any govt. Just think how to earn more money.
149 Comments  |  
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Deal Lieutenant Deal Lieutenant
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GST on Luxury items that are really essential should be reduced

Mobile Guru Mobile Guru
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LTCG Tax as per slab rate instead of flat 10% joy

Helpful Helpful
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This will happen for sure within few years. They want money and they can't tax rich.

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Hunk Hunk
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I am expecting more tax burden by this government.

Deal Subedar Deal Subedar
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You can expect this from any govt.
Jjust Yesterday Karnataka increased ~4 Rs. in Petrol and also planning to increase price of public transport.
Now do think when this party comes to Central govt, they will decrease tax?

You can not get relief from tax under any govt. Just think how to earn more money.
Deal Major Deal Major
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Free onions 🧅

Deal Subedar Deal Subedar
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Onions are free, you just pay to that ppl who are selling but in real onions are free... 

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Deal Captain Deal Captain
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Easing Tax. Uniform GST slab rate of 24% to avoid confusion and complexity in tax structure.

Deal Newbie Deal Newbie
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24% and you are paying this % from already taxed 30% + cess ? 
Cool Cool
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Necessity and Luxury Differs from Person to Person

Deal Lieutenant Deal Lieutenant
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120% tax

Deal Subedar Deal Subedar
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30% + GST to le hi rahe. 4+/12 months work for govt already. 100% reservation and 100% tax kardo. Tanta khatam.

Budding Star Budding Star
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Force mandate to accept new tax regime.

Abolishment of old tax regime.

Deal Lieutenant Deal Lieutenant
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Worthless for commoners , new tax regime is VERY bad for house buyers lol and investors 


boycott new tax regime i would say 


IF YOU ARE BUYING A HOUSE IN LOAN WITH CHEAP INTEREST YOU WILL KNOW WHAT I MEAN:)


View 6 more replies
Deal Subedar Deal Subedar
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Uniform GST slab rate and increase 80c

Deal Lieutenant Deal Lieutenant
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P.S to the post Note: no offense hmmm how can we avoid political when this question of budget (govt. hidden agenda is political) itself is political ???? hmm its kinda paradox

Rosh_0007

i mean if we gave any "good answer" its polticial (remember budget is political agenda in the name of countries welfare), but the post condition you have mentioned is "dont make political" -> which makes one not able to give "exact answer" for the given question xD

hmm example, like hmm make 5% this and 12% that and 18% this and 27% that... is not a good answer in my opinion (without background reasoning and that background reasoning will get political - matter of fact)

paradox, hmm sad paradox

(again no offense)

Deal Newbie Deal Newbie
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Ghanta

Deal Cadet Deal Cadet
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increase 80 c limit
Helpful Helpful
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80 c? She wants to remove old regime bro.

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Helpful Helpful
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Same things from interim budget.

We saw that NDA partners got jhunjuna ministries and all big portfolio is kept by party itself.

He is not ready to do anything different. I expect copy paste budget with increase in capex by 1-2% in few sector of previous quoted number.

Deal Newbie Deal Newbie
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tax relief for the salaried!

Deal Cadet Deal Cadet
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tax increment for the salaried
Deal Lieutenant Deal Lieutenant
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....VIX above 25...

Deal Subedar Deal Subedar
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lo aaj hi puri kr dete h
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Deal Subedar Deal Subedar
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100% tax + surcharge and free ration for all.
Pro Entertainer Pro Entertainer
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Inheritance tax

Deal Newbie Deal Newbie
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The 1L cap limit increase for LTCG, and some tax relief for salaried individuals.

Spearhead Spearhead
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Service tax reduction hona chahiye, around 5% on all services like restaurant, insurance, credit cards payments and bills , loan processing and closing, emi's,  etc...

Income tax slab me changes jaruri h... current limit 5 se upto 6 lakh honi chahiye...

Baki it's my opinion ke Air Conditioner sasta nh hona chahiye, bcoz it's one of the cause of global warming, people should do things like use coolers, plant more trees...

Deal Cadet Deal Cadet
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Zero expectations...
Superstar Superstar
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Tax may be increased..

Deal Cadet Deal Cadet
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Status quo

Deal Newbie Deal Newbie
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Definitely steps toward putting more tax burden on middle income bracket

1. Limit increase on zero tax slab

2. Slight increase in LTCG exemption limit like 1.25L, but a step forward towards higher LTCG tax% than current 10% which will happen in future for sure

3. List of PSU privatisation announcement (it may now happen in much faster rate in this term than before)

4. More commodities in higher GST slab.

5. Usual spending on defence, infra,  irrigation, edu..probably add a few new items climate control, waste mgmt

Post Mogul Post Mogul
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Jab bhi ye madam ko dekhta hu onion 🧅 ki yaad ati hai smile

Hotshot Hotshot
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Personally I have had expectations from budget till 2017 but after that I am looking to save taxes 24x7.

Trying a lot of options and getting succeeded too pensive

Deal Cadet Deal Cadet
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Which options?
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Post Emperor Post Emperor
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Baba ka tullu

Vanguard Vanguard
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Just don't end middle class with your tax..jiyo aur jeene do..nahi toh next time vote mein zaroor dhyan rakhunga sweat_smile

Talk-Of-The-Town Talk-Of-The-Town
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Hoping?

Many things

Expecting?

More taxes and burden on us middle class.

Deal Newbie Deal Newbie
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GST on petrol diesel & natural gas instead of cess

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