View: Budget 2021 to simplify compliance with a digital push

View: Budget 2021 to simplify compliance with a digital push
By Archit Gupta, ET CONTRIBUTORS
Share
Font Size
Save
Comment
Synopsis

On the income tax front, Budget 2021 focused mainly on simplifying compliance; highlights being an increase in the tax audit limit for small businesses, measures to boost tax filing, some relief for startups with no major tax rebates for individual taxpayers.

PTI
The finance minister drew attention to the pandemic's impact that has led to weak revenue inflow, along with higher expenditure required to provide essential relief.

Related

(Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

Read More News on

(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.