This Budget seems to balance multiple sector may it be Defense, Agriculture, Infrastructure with good allocation of funds. Government is giving good boost to Start ups which is a welcome step. If implemented well it will be a major boon for generation of employment.
Looking to the pandemic situation, there was lot many expectations for small and medium business along with the taxpayers. There is no relief which is really disappointing.
Gold Rate
Thursday 20 March 2025
The small and medium business is passing through a tough phase and efforts to boost this sector wasmust which was not met in this budget. Government wishes to avoid litigation and has allowed correction in ITR upto 2 years from the end of relevant Assessment Year which is a welcome step. But similar relief is required under GST as well which is a demand pending since long.
CA. SandeepJotwani,
Convener, Direct Tax Committee
NVCC
