This year it will be our attempt to bring stability in GST structure, as the FM mentioned in her Budget speech“
Personal income tax is a work in progress and we would need some time and the industry’s inputs on it.
Govt has extended date of setting up manufacturing units based on industry demand due to covid impact. There is a big push on capex and we hope it will have impact on demand and supply.
No one expected revenue buoyancy, but the fiscal deficit will be same as the extra spending is picked up by extra revenue.
In the current year, good revenue from capital gains tax expected. Estimated at Rs 60,000 crore-Rs80,000 crore.