Budget 2020: Income tax cuts aren’t the solution to India’s economic woes
0 Comments

As Nirmala Sitharaman prepares to present Budget 2020, India’s taxpayers are high on hope that the finance minister will announce personal income tax sops.

Taxpayers are expecting some financial relief, especially since Sitharaman was generous in extending tax breaks to the corporate sector in September last year. At the time, the reasoning was that corporates would channel the taxes saved—the government had forgone Rs1.45 lakh crore ($20 billion) in revenues—into creating more jobs.

Budget 2020: Income tax cuts aren’t the solution to India’s economic woes

India’s budget likely to increase spending to spur growth

Budget 2020: Does India’s Monetary Policy Respond to Global Climate Crisis?

 



Budget Meter LIVE: FM Sitharaman focuses on importance of personal wealth creation

Budget 2020 LIVE Updates: Indian economy fundamentals are strong, says FM

Budget 2020: High time to put current, new reforms in top gear for startups steering India’s EV dream

Author

mukeshathavale.manzi@gmail.com

Leave a Reply

Your email address will not be published. Required fields are marked *