2020 Budget Expectations
Some of the steps may include:
i) Lower Personal income tax rates (either by way of rationalizing tax slabs or raising
exemption limits).
ii) Removing Long Term Capital Gains Tax.
iii) Sector specific import duty tweaks for promoting domestic manufacturing.
iv) The government could revisit the plan for overseas issuance of sovereign bonds, to address
some of these issues.
- Simplified Taxation for Small Businesses: A Guide to Section 44AD
- Budget 2025: No Tax on Income Up to ₹12 Lakhs – Key Updates & Calculation
- Taxation of Cross-Border Transactions in India Under the Income Tax Act, 1961
- Major GST Amendments in the Finance Bill 2025
- Review of TDS/TCS Amendments in Budget 2025