8750006707, 8700265720 info@finsalahakar.com

Honorable Finance Minister Mrs Nirmala Sitharaman on Saturday, February 1, 2020, unveiled the Budget for Fiscal 2020-21 in the Parliament, vowing to boost the income of Indians and their purchasing power, in a bid to revive domestic economic growth that has slumped to lowest in the decade. She has proposed to introduce a new optional personal income tax system and announced a multi million dollar farm, infra and health care package to revive the growth of the country. Emphasising on capacity building and empowerment of marginalized sectors of the society while protecting the wealth sectors.

The above content is integrated from various websites and reports and is true and correct according to best of the Author’s knowledge but at the same time, it could be prone to errors and might have some other missing key information. The same has been prepared to give a brief understanding of the scenario, situation or topic along with related improvements and impacts. So, keep it for simple guidance or as an understanding tool as Author doesnot assume any liability which may incur to anyone around the globe due to the content published above. Furthermore, conclusion drawn if any by the Author is based on his personal understanding free from any biasness whether imparted byon his own or by any third party specifically for causing any benefit or loss to any individual, group, community, religion, etc around the globe..

About the Author

The author is a Semi Qualified Chartered Accountant and currently practising in Various Direct and Indirect Taxes in India. He has a working experience of more than 8 years in the field of Accounting, Auditing and Taxation in India. He is presently consulting various corporates and assisting them in complying with their legal and statutory compliances prevailing under various laws as laid down by State and Central Government of India.