On February 1, Budget 2024, the union government is scheduled to present the interim budget for 2024–25. As usual during the pre-budget phase, there are a lot of hopes and conjectures regarding prospective adjustments to direct taxes.
Recently, Deloitte India released a comprehensive tax reference that includes in-depth assessments and recommendations on a range of tax-related topics, including transfer pricing, mergers and acquisitions, personal taxation, indirect taxation, and direct taxation.
The objective is to offer viewpoints for knowledgeable conversations about fiscal issues in the upcoming 2024–25 Budget. This pamphlet was specially designed with expert insights to fit the country’s economic environment.
As per the analysis of Deloitte partner Rohinton Sidhwa, the primary demands for the Budget 2024 are as follows:
The current 15% concessional corporation tax rate has played a significant role in drawing foreign investment to India.
Also Read:
Exploring the Future of Tea: UAE Hosts the Global Dubai Tea Forum 2023
Dubai Landmarks Burj Khalifa & Global Village lighting up for autism awareness campaign
