Union Budget Articles

Finance Bill 2021 | Paradigm shift in the provisions relating to IT Search and Seizure Assessments and IT Settlement Commission

Posted by CA.Mohit Gupta 03 February 2021 6749 Views

In, significant changes to the taxation process, among other tax measures, the FM recommended a paradigm change to the provisions relating to “Assessment in case of search or requisition viz. Section 153A to 153D” and Income Tax Settlement Commission.

Key Highlights of Direct Tax Proposals

Posted by Bimal Jain 02 February 2021 11206 Views

This document summarises the key highlights of the Direct Tax Proposals of the Union Budget 2021, for easy digest. The budget, which rests on 6 pillars, was announced by FM on 1st Feb 21.

Radical Reforms in Tax Administration Driven by Digitalization

Posted by Dr. Suresh Surana 02 February 2021 1438 Views

The current financial year (2020-21) has been truly a year of radical reforms in tax administration driven by digitalization. Discussing some of those reforms announced in Union Budget 2021.

Key Highlights of Changes under the GST Law

Posted by Bimal Jain 02 February 2021 13395 Views

This document summarises the changes made/proposed in the Union Budget 2021, under the GST Law – Section wise, in a comparative manner, for easy digest.

Key Highlights of Changes under the Customs and Excise

Posted by Bimal Jain 02 February 2021 1889 Views

This document summarises the changes made/proposed in the Union Budget 2021, under Customs and Excise - Section wise in a comparative manner, for easy digest.

Affordable Housing gets shot in the Arm

Posted by Dr. Suresh Surana 02 February 2021 1094 Views

A host of measures have been proposed in the Finance Bill 2021, which is targeted to provide relief to both, the affordable house buyers as well as the developers of affordable housing projects.

Interpretation of Finance Bill 2021

Posted by Shubham Kishanpuria 02 February 2021 11815 Views

The Union Budget 2021 has been announced in the parliament on 1st February 2021. Let us discuss the interpretations and implications of the Finance Bill 2021.

Union Budget 2021 | 10 Major Direct Tax Proposals

Posted by CCI Team 02 February 2021 14562 Views

The Union Budget 2021 was laid down in the parliament on 1st Feb 21 and several changes were made. In this article, we will be discussing 10 major direct tax proposals which were made in this year’s budget.

Union Budget 2021-22 | Highlights

Posted by CMA Mrudula M 02 February 2021 2765 Views

Discussing the major highlights of Part A - Vision for AtmaNirbhar Bharat and Part B - Tax Proposals of the Union Budget 2021, which was based in 6 pillars.

Union Budget 2021 | GST Audit by CA/CMA Discontinued but More Onus Put On assessees

Posted by CMA Navneet Kr Jain 02 February 2021 18123 Views

The budget presented on 1st Feb 2021 has brought some good news for the assesses but adverse news for professionals like CMAs and CAs on the GST front, with regard to the discontinuance of GST Audit.