Analysis of Proposed Amendments in Union Budget 2021-22

Analysis of Proposed Amendments in Union Budget 2021-22

The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis. Laying a vision for Aatma Nirbhar Bharat, she said this is an expression of 130 crore Indians who have full confidence in their capabilities and skills. She said that Budget proposals will further strengthen the Sankalp of Nation First, Doubling Farmer’s Income, Strong Infrastructure, Healthy India, Good Governance, Opportunities for youth, Education for All, Women Empowerment, and Inclusive Development among others.

Union Budget 2021-22 has also come with a lot of amendments in Income Tax Act, GST Act, Companies Act etc. to strengthen the taxation policy and to promote Ease of Compliance among taxpayers.

So here the analysis of proposed amendments in Union Budget 2021-22 by the GBC Group. To download the PDF file, Please Click Here

Author: CA Mohit Bansal (Founder, GBC Group) Click Here to Visit LinkedIn Account of the Author

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