Budget 2020: Tax Proposals

I-T Act will be amended where CBDT will be mandated the taxpayers charter

PAN will be instantly online on the basis of Aadhaar without filling any forms.

FM Nirmala Sitharaman says the concessional 5% withholding tax has been extended  to municipal bonds.

GST reforms will continue including a simplified return-filling form.

Refund has been simplified and has been fully automated

Customs Duty on Footwear and Furniture increased

Health Cess on import of medical equipments

Finance Minister Concluded the Budget Speech

Budget 2020: Tax Proposals

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