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The Money9 Budget Conclave in its first panel discussion shared views on how the Finance Minister can help alleviate the woes of the common man.
Nirmala Sitharaman had last month stated that the budget for the fiscal year 2021-22 will be "like never before".
The Finance Minister's speech will be closely watched as it is being touted as a historic budget.
Money9 Budget Wishlist survey was conducted in January 2021 across TV9 Network's social media platforms. Over 11,000 respondents answered a series of multiple-choice questions. Here is what India expects from Union Budget 2021
Investments in infrastructure can boost GDP by at least 1-2% every year, besides creating jobs. Both public and private investments and different PPP models must be explored.
The Budget must recognise the synergy between online and blended learning.
At present, 60% commutation is allowed under pension plans. However, if an individual does not commute, any amount and opts for 100% annuity, the pension received is fully taxable. The Budget should remove this anomaly.
Salaried sector has always been the highest tax paying segment historically. The government must look at reducing IT rate slabs for salaried employees.
Shashank Srivastava, Executive Director of Maruti Suzuki, told Money9 that the auto industry has huge expectations from the Budget, to be presented on February 1.