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India Union Budget 2020-21

01 February 2020

Sector specific allocations and reforms in direct tax will firmly handhold industry and startups in their economic pursuits. Budget envisages creating a caring society, greater trust in citizens and transparency in administration which is a sign of a matured economy," said Suraj Malik Partner, BDO India LLP.

Source: The Economic Times 

“By reducing GST on household consumption items, families have benefited and they have to incur less expenses for essentials. Announcement of various initiatives for warehousing and transport, will certainly boost the ground-root economy leading to an overall positive push.” -  Pranay Bhatia, Partner & Leader/ Tax & Regulatory Services, BDO India

Source: The Hindu

“Reforms proposed in the education sector including permitting foreign equity and debt will have a major impact on improving quality of education and modernising education infrastructure in the country, with significant long term benefits to the society”, says Suraj Malik, Partner/ Transaction Tax, Tax & Regulatory Services, BDO India

Source: Deccan Herald

"E-way bill mechanism is a great respite and has resulted in improving turnaround time drastically for the logistics industry as a whole,"Gunjan Prabhakaran, Partner/Indirect Tax, BDO India.

Source: Deccan Herald