Budget 2013 - Suggestions from Industry and Trade Associations Sought
THE Finance Ministry has sought suggestions from the Industry and Trade Associations in the context of formulating the proposals for the Union Budget of 2013-14.
The suggestions and views may be supplemented and justified by relevant statistical information about production, prices, revenue implication of the changes suggested and any other information to support the proposal. It would not be feasible to examine suggestions that are either not clearly explained or which are not supported by adequate justification/ statistics. Further, as regards direct taxes, the government policy is to phase out profit linked deductions and minimizes exemption.
Suggestions and views may be emailed, as word document in the form of separate attachments, in respect of:
Indirect Taxes (1. Customs and Central Excise, 2. Service Tax) to budget-cbec@nic.in and 3. Direct Tax to ustpl3@nic.in
Hard copies of the Pre-Budget proposals/ suggestions relating to Customs & Central Excise may be sent to Shri P. K. Mohanty , Joint Secretary (TRU-I), and Service Tax to Shri V K Garg, Joint Secretary (TRU-II), CBEC, while the suggestions relating to Direct Taxes may be sent to Shri Sunil Gupta, Joint Secretary, Tax Policy and Legislation (TPL), CBDT.
MoF DoR TRU F.No.334/6/2012-TRU, Dated: November 06 2012.