Budget 2022-23 – What’s in store?

Budget 2022-23 – What’s in store

The Hon’ble Finance Minister Smt. Nirmala Sitharaman is days away from announcing the Union Budget 2022-23. The Finance Ministry, just as usual, has asked the industry for recommendations to incorporate in the budget, wherever possible. Union Budget in India is always eagerly awaited by the taxpayers with their hopes attached for easier compliances. Whether it …

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Union Budget Amendments From Tax Tech Perspective

Union Budget Amendments from Tax Tech Perspective

“For a USD 5 trillion economy, our manufacturing sector has to grow in double digits on a sustained basis. Our manufacturing companies need to become an integral part of global supply chains, possess core competence and cutting-edge technology.’” Smt. Nirmala Sitharaman Union Finance Minister Background One of the key aspects which the Hon’ble FM focussed …

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Fiscal Budget 2021-22: An Update

Budget - Its Provisions & Its Business Implications

Introduction: In a historic budget presented by the Hon’ble FM, Smt. Nirmala Sitharaman, she laid emphasis on the 6 pillars i.e. Health and well-being, Physical, financial capital and infrastructure, Inclusive development, Human Development & skilling, innovation and R&D, and minimum government and maximum governance. From GST perspective, the following amendments were carried out: