Suggestions from the Industry and Trade Associations for General Budget 2014-15 regarding changes in direct and indirect taxes

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.... April, 2014 To Industry and Trade Associations Subject  :  Suggestions from the Industry and Trade Associations for General Budget 2014-15 regarding changes in direct and indirect taxes. Sir/Madam, In the context of formulating the proposals for the Union Budget 2014-15, the Ministry of Finance would like to be benefited by the suggestions and views of your Association. Y....

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....ported by adequate justification/statistics. As regards direct taxes, the government's policy is to phase out profit linked deductions and minimize exemptions; you may take this into consideration while forwarding proposals. The Synopsis of your suggestions could be given in the following  format : S. No. Issue Justification 2.1 Further, in respect of proposals relating to ch....