Accountech

We are going through the Tax Proposals in Finance Bill, 2020. And at the outset it's a very disappointing budget except few good changes.

It seems that Government has no idea how to go ahead with tax laws and totally forgotten its way. There are dramatic changes in International Taxation and capital markets for ex; now your sale of mutual funds units will be liable to 10% TDS.

After the Modi 2.0 presented its full budget, they made many changes which were lateron taken back due to serious & devastating results. We are very well assured that government will have to take its stand back on some of its proposal under this budget this well.

This budget was the best option available with the government to give some pills to the slowing down economy, however government totally missed the opportunity.

Full Analysis lateron

Accountech