Budget 2024: Gouri Puri, partner at Shardul Amarchand Mangaldas, shares insight on direct tax proposals
Gouri Puri, Partner at Shardul Amarchand Mangaldas & Co., shared her insights on the direct tax proposals unveiled in the interim budget 2024.
Gouri Puri, Partner at Shardul Amarchand Mangaldas & Co., shared her insights on the direct tax proposals unveiled in the interim budget 2024.
In a post-budget interaction with CII, Bajaj also listed GST and personal income tax as areas on which work is in progress.
The Finance Bill 2022 has extended the last date for commencement of manufacturing or production under section 115AB from March 2023 to March 2024.
Deloitte believes the move is needed to bring parity in personal income tax with the corporate tax rate that were reduced in 2019
India Inc. and market experts say the move will help provide a level-playing field to local manufacturers, and boost the manufacturing sector.