The NBFC sector which has been ailing for quite some time, was expecting some booster shots in the budget 2020. However the Finance Minister preferred to stick to a more conservative regime to address the liquidity constrains of NBFCs and HFCs.
Comparative analysis on budget 2020 for Salaried Individual
We wish to enshrine in the statutes an 'Taxpayer charter' through this budget . Our government would like to reassure taxpayers that we remain committed to taking measures so that our citizens are free from harassment of any kind.
TDS u/s 194-O is to be paid by an e-commerce operator for sale of goods or provision of service facilitated by it through electronic facility or platform. TDS u/s 194O is paid @ 1% at the time of credit of amount of sale or service or both to the account of e-commerce participant or at the time of payment thereof to such participant by any mode, whichever is earlier.
There are always pros and cons on everything that is going to hit the economy, schemes etc. that may impact the policies, procedures of the government, ministries etc.
Employee stock options (ESOP) are part of an Employee benefits program offered by Startups to engage the employees in a more effective manner.
FAQs on new scheme of Income Tax introduced in Budget 2020
Direct and Indirect Tax Reforms in Budget 2020
An overview of Union Budget 2020
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