Union Budget Articles

Union Budget 2021 | Direct Tax and GST Expectations

CCI Team 29 January 2021 at 09:55

In this article, we will be discussing some of the Direct Tax and GST Expectations that the taxpayers have from the Union Budget 2021.

Union Budget 2021 | How is the Union Budget Prepared?

CCI Team 28 January 2021 at 09:49

While the Budget presentation is a one-day affair, months of preparation go behind it. In this article, we will take a complete look at how the budget documents are actually prepared.

Union Budget 2021 | What will be the impact of COVID-19?

CCI Team 27 January 2021 at 09:53

Studying the impact of COVID-19 on the Indian Economy and analysing which sectors need special attention in the Union Budget 2021-2022. The Budget will be announced by the FM in the parliament on 1st February 2021.

Pre-Budget Wish from the First Paperless Union Budget 2021-22

Mayank Mohanka 25 January 2021 at 09:45

In this Taxalogue, among all the suggested tax reforms/amendments, I would like to specially discuss the Doctrine of Audi Alteram Partem and its criticality and significance in the Faceless Tax Administration Regime, in detail.

Pre Budget Thoughts For 2021-22 Budget

P.R. Sethuraman 19 January 2021 at 12:25

This article discusses important areas like direct tax,dividend,etc that should be raised in the upcoming budget and also the impact of covid on the budget.

Pre-Budget Suggestions: Request for policy related changes on few issues in GST - Revenue neutral - Reform oriented

CA. Madhukar N. Hiregange 16 December 2020 at 10:13

Redressal of these issues would not result in any additional cash outflows for the Government, but redressal of these issues promotes 'ease of doing business'& the theme of 'Invest India'.

FM Gifts Aatma Nirbhar Bharat Stimulus Package 3.0, on the Occasion of Dhanteras

Mayank Mohanka 13 November 2020 at 11:06

FM Smt. Nirmala Sitharaman has come up with Financial Stimulus Package - 'Aatma Nirbhar Bharat Stimulus Package 3.0', to revive the slugging Indian economy.

Is the Union Government also facing huge losses amidst COVID-19?

Mayank Mohanka 30 October 2020 at 10:25

Consolidated Half Yearly Accounts of the Union Government of India are reflecting a DEFICIT Balance of Rs. 9,13,993 crores.

Changes to Residential Status of Individuals as per Finance Act, 2020

Akshat Goyal 20 April 2020 at 10:34

Citizen or person of Indian origin(PIO) who, being outside India, comes on a visit to India and has total income, other than the income from foreign sources, exceeding 15 lakh rupees during the previous year, the second condition of residence would apply with 120 days instead of 182 days.

Amendments for Trusts and Institutions in Union Budget 2020

CA Ekta Thacker 07 April 2020 at 10:36

The Union Budget 2020 announced few amendments for Trusts and Charitable Institutions. In the proposed regime after processing the application, trust or institution�s registration is given for a limited period of 5 years.