Changes on the indirect tax front are also not significant to qualify as changes large enough to be structural leading to increased demand or increased production of items
In order to make taxation processes faceless, the National Faceless Income Tax Appellate Tribunal Centre shall be established with the facility of personal hearing through videoconferencing.
Union Budget 2021: Nirmala Sitharaman offers carrot and stick approach to raise revenue, soothe taxpayers
Taxpayers can also draw solace from the fact that the Budget has reduced the period for issuing tax notices by the department for a particular transaction to four years from seven years earlier
In a post-pandemic year, the government showed a serious intent to establish a tax regime with far-reaching impact
Full text: FM Nirmala Sitharaman unveils Union Budget 2021; doubles healthcare spending, lifts caps on FDI
Finance Minister Nirmala Sitharaman on Monday delivered her third Budget speech in the Parliament. Here's the full text of her speech in Lok Sabha
As people await the Budget, a key question for many will be how their taxes will be affected
Union Budget 2021: Reintroduce single tax slab structure, raise minimum taxable income to Rs 7.5 lakh
All eyes are on the upcoming budget for the next financial year as India looks to recover from the economic devastation caused by the coronavirus pandemic
Union Budget 2021: Taxpayers hope for lower income tax, deductions on medical treatment, incentives for WFH
It is worthwhile to note that the major impact of the pandemic is not only on the general public or different sectors but also on the government
Union Budget 2021: Govt should consider tax relief to individual taxpayers, employers in WFH scenario
The outbreak of COVID-19 pandemic in March 2020 in many ways compelled organisations to implement work from home policy for their employees during the lockdown period and post thereto
A one-time capital gain exemption for gold may be a good incentive for the revival of small businesses.
Union Budget 2021: Govt should provide relief, cuts in personal tax; levy cess, increase rates for high income taxpayers
There are lot of expectations from Budget 2021 as it would be presented amid the COVID-19 pandemic which has caused significant disruption in the lives of many as well as severely impacted the economy.