Suggestions from the Industry and Trade Associations for Budget 2017-18 regarding changes in direct and indirect taxes

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.... New Delhi, dated 6-10-2016 Subject : Suggestions from the Industry and Trade Associations for Budget 2017-18 regarding changes in direct and indirect taxes. In the context of formulating the proposals for the Union Budget of  2017-18, the Ministry of Finance would like to be benefited by the suggestions and views of your Association. You may like to send your suggestions for changes....

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....he Budget announcement made in Union Budget 2015-16 to reduce the rate of Corporate Tax from 30% to 25% over the next 4 years along with rationalization and removal of various kinds of tax exemptions and incentives and the plan of phasing out exemptions and tax incentives laid before the Parliament with the Union Budget 2016-17. The Synopsis of your suggestions could be given in the following form....