We are expecting a lot from Modi Govt in this budget for development. And he desperately needs money for it. Thus, we can expect following things this budget -
1. Chapter VIA deduction for Infra Bonds upto 2 Lacs
(To arrange money for infra development)
2. More Investment allowances for Corporates
3. Increase in 80C Limit upto 2 Lacs
(to boost savings)
4. Introduction of Defense Bonds
5. New SEZs/ Export Zones
6. Withdrawl of Controversial Tax Policies Such as withdrawl of retrospective Amendmends
7. Simplification of Domestic Transfer Pricing Rules
(Almost Each & Every case of Tranfer Pricing is in Litigation now, thus it is the most important matter)
1. Chapter VIA deduction for Infra Bonds upto 2 Lacs
(To arrange money for infra development)
2. More Investment allowances for Corporates
3. Increase in 80C Limit upto 2 Lacs
(to boost savings)
4. Introduction of Defense Bonds
5. New SEZs/ Export Zones
6. Withdrawl of Controversial Tax Policies Such as withdrawl of retrospective Amendmends
7. Simplification of Domestic Transfer Pricing Rules
(Almost Each & Every case of Tranfer Pricing is in Litigation now, thus it is the most important matter)
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