https://mygov.in/sites/default/files/mygov_145268604329425804.pdf
# Union Budget 2016-17
Anand Dadhich’s suggestions to GOI for upcoming Budget 2016-17.
Proposed Plan for increasing employment opportunities and revenue
for government.
In India we have numerous small businesses.
We may see that many are not registered under any authority of taxes. In
pretext of small business, many are taking undue advantage of evading taxes supposed
to be remitted to government treasury.
This is known that the taxes are
collected from the end user but aren’t remitted on the respective sales as many
are not registered at all. There is certainly loss of revenue on these
countless un-registered businesses in India.
What can be done?
1. All
businesses are to be compulsorily registered under respective state taxes &
central taxes as applicable irrespective of turnover.
2. Declaration
of Sales & purchases i.e., Return filing should be mandatory for all
categories.
How employment generation can be linked to this?
Youth category who are having
minimum qualification like SSLC/+12 or even graduate can be enrolled under some
kind of government scheme (to be newly introduced, wherein
duty of them will be identify the un-registered business unit in there locality
and get them registered for which certain compensation as commission can be
fixed & paid.
For enrolment some preliminary
tests can be taken & subsequently basic trainings can be given on the
subject of state & central taxes
Benefits-
1. Will
become Employment generation initiative of its own kind.
2. Increases
employment in youth sector.
3. Increases
indirect revenues of state & Centre
Other suggestions-
·
HRA- Finance
Ministry may consider & declare few more cities as metro for the determination
of HRA limit of 50% as we see in many cities rental is higher like existing
metro cities Delhi, Mumbai, Kolkata & Chennai. Suggested cities are Pune,
Hyderabad & Bangalore.
·
Children
education allowance- This can be raised to 500/- per month per child for
up-to 2 children.
·
Income
tax Rates- Need not be separate for citizens on age & gender basis.
These can be one for all the groups and categories.
·
BPL Cards-
All BPL cards holder details should be in online public domain & holder must
have bank account. This will curb & control corruption related to benefits
passed on to BPL families & in ascertaining the real BPL families.
