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Nothing has been proposed with respect to Transfer Pricing Regulations......
this budget is not according to expectation of people
Many old provisions for salaried persons that are of no use today remained unchanged.
Unclear about 1% TDS on sale of immovable property
No change in tax on perquisites
No news about GST or DTC
No incentives for small business owners
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BUDGET FAILS TO PEP UP DALAL STREET
No change in basic exeption limit
Also erstwhile standard deduction to salaries individuals was expected to be revived but did not happen
A small peanut of 2000 Rs credit to firsst slab assessess
Were to buy house of 25 lakhs in metros to avail the benefit of 1lakh deduction
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