KEY TAX HIGHLIGHTS – Budget 2020

KEY TAX HIGHLIGHTS – Budget 2020

The Hon’ble finance minister Nirmala Sitharaman has presented union budget 2020 before the parliament on February 01, 2020. Key tax proposal made in this budget have been highlighted in this document are as under. Individual taxation slab In line with options provided to domestic companies of lower taxation rate it has been proposed in the…

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GSRA | BUDGET EXPECTATIONS

GSRA | BUDGET EXPECTATIONS

TAX RATES : Keeping in view the rising cost of living standard and inflation in the economy, the government could consider: To increase the minimum slab limit for the amount not chargeable to tax. (The limit was last raised in the Budget of 2014). To Increase the amount of slab limit for levy of the…

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