Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India

2024-07-23 04:48:42 pm | Source: BDO India

Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India

News By Tags | #BudgetExpertView #BDOIndia #UnionBudget2024 #GunjanPrabhakaran

Below the Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India

The Government has ably taken steps towards its goals for a Viksit Bharat by 2047. The key focus of the budget outlay has been on the poor, women, farmers and youth. From a tax perspective, the focus continues to be on tax rationalisation and simplification. The Government has also proposed a comprehensive review of Customs rates and exemptions, to alleviate challenges faced by domestic manufacturers. This would, inter alia, also lead to India becoming a more integral part of the global supply chains. The industry would have liked to see an amnesty scheme in Customs.

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here

IGI Logo

Budget Day Input Taxation Sector Gunjan Prabhakaran, Partner and Leader, Indirect Tax, BDO India

Top News

Tag News

More News