The COVID pandemic saw a renewed focus on the pharmaceutical industry in terms of increased budgetary allocations over the past two years and expectations are accordingly set for the 2023 Budget as well
Few key amendments and enhancement in existing tax deductions limit is the need of hour. The fact that the current slabs and deductions limits have not been changed for many years, it's high time that the government should revisit these limits and make appropriate amendments
The sector is pinning its hopes on the upcoming Budget, and we are optimistic that a combination of enabling government policy measures and positive buyer sentiment will fuel the demand for real estate.
While COVID-19 cases start to surge again in some countries, the upcoming Union Budget is one of the important occasions to take proactive and corrective measures to maintain future stability. Here are some expectations and recommendations from the human capital perspective
Over the years, the capital gains framework has evolved through several amendments, thereby grooming it into a complex tax code within the taxation framework. Rationalising this, in view of the looming recession, is the need of the hour