2020 Budget Expectations

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.