Budget 2021: India Inc's wishlist

Budget 2021: India Inc's wishlist

Budget 2021 would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit

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The expectation from this budget would be to address several challenges that have arisen as a result of the pandemic and its impact on the economy, on the people, and their livelihoodsThe expectation from this budget would be to address several challenges that have arisen as a result of the pandemic and its impact on the economy, on the people, and their livelihoods
Chandraprakash Surana
  • Jan 22, 2021,
  • Updated Jan 22, 2021 11:03 AM IST

2020 was a year of whirlwind changes for the world at large. The world of direct taxation was not far behind, facing its own set of challenges during these unprecedented times. With the Union Budget 2021 around the corner, expectations are high among industry experts for these challenges to be addressed.

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The expectation from this budget would be to address several challenges that have arisen as a result of the pandemic and its impact on the economy, on the people, and their livelihoods. It would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit.

(Chandraprakash Surana is Partner, Deloitte India; Supraja Srinivasan is Deputy Manager, Deloitte Haskins & Sells LLP.)

2020 was a year of whirlwind changes for the world at large. The world of direct taxation was not far behind, facing its own set of challenges during these unprecedented times. With the Union Budget 2021 around the corner, expectations are high among industry experts for these challenges to be addressed.

Advertisement

The expectation from this budget would be to address several challenges that have arisen as a result of the pandemic and its impact on the economy, on the people, and their livelihoods. It would be unprecedented in many ways, as the government would have to focus on providing stimulus packages to revive the economy, while also identifying other avenues of revenue to bridge the widening fiscal deficit.

(Chandraprakash Surana is Partner, Deloitte India; Supraja Srinivasan is Deputy Manager, Deloitte Haskins & Sells LLP.)

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