Pre Union Budget 2021 Expectations

Maitri Parikh

In the Union Budget 2021, the government might give some relaxation in income tax on income of more than INR 5,00,000 for individuals in lower income group. It might also increase the limits for deduction u/s 80C so, that more savings and ultimately more funds are available with the government. Long Term Capital Gains (LTCG) tax, which is at 10% currently, is expected to be waved off. Main sectors in focus might be Defense, Pharma, Healthcare and Auto.

ETV Bharat Coverage

https://www.etvbharat.com/gujarati/gujarat/city/ahmedabad/the-government-should-accelerate-the-economy-by-increasing-spending-economic-experts/gj20210130224158664

ABP Live Gujarati Coverage

https://gujarati.abplive.com/news/ahmedabad/pre-budget-2021-22-quotes-from-industry-leaders-603743

News 18 Gujarati Coverage

https://gujarati.news18.com/news/business/union-budget-2021-what-common-man-expecting-about-new-and-old-income-tax-regime-vz-1068492.html

Chitralekha News Coverage

https://chitralekha.com/news/gujarat/expectations-evaluations-of-experts-from-different-sectors-in-the-central-budget/

Zee News Coverage

https://zeenews.india.com/gujarati/business/pre-budget-expectation-2021-budget-2021-has-given-hope-to-various-sectors-of-the-country-134805

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