The Union Budget 2021 was presented in the parliament by FM Smt. Nirmala Sitharaman. Discussing the amendments made in the CGST and IGST Act 2017, along with other Indirect Tax Proposals.
Providing a thorough summary, including direct and indirect tax proposal of the Union Budget 2021-22 which was presented in the parliament on 1st Feb 21, by FM Smt. Nirmala Sitharaman.
Discussing the Direct Tax Proposals laid out under the Union Budget 2021, which was announced in the parliament on 1st February 2021 by FM Smt. Nirmala Sitharaman.
FM stated that India's fight against COVID-19 continues into 2021 and that, this moment in history is the dawn of a new era - one in which India is well-poised to truly be the land of promise and hope.
Article 270 of the Constitution of India states that the Parliament can levy cess for a specific purpose under a law made by it. The Central cess collections will therefore not be shared or allotted to any states under revenue devolution.
The Union Budget is an annual financial statement which encapsulates the estimated earnings from revenues and estimated expenditures of the government during a particular fiscal year.
The tourism sector hopes for revival and recovery strategies from the union budget 2021.
With the pandemic Covid-19 taking over the world and increasing awareness about the importance of healthcare, it wouldn’t be a surprise if there is an increase in the allocation of budget for healthcare.
The 5 most important points which can be expected by INDIVIDUALS in this budget has been analyzed in this article
In this article, we will be discussing some of the Direct Tax and GST Expectations that the taxpayers have from the Union Budget 2021.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Course on Foreign Exchange Management Act (FEMA)(without recording)