Union Budget 2020-21

Upcoming Union Budget 2020-21 Might Not Have Any Fiscal SOPs

Income Tax rejigs have been sought by the industry, but the government is not convinced so far that it may lead to any surge in consumption that's the need of the hour on the supply side", said an official, adding after income tax cuts (if it happens) government fears people may just save and not spend, defeating the entire purpose taking a huge risk on direct tax front when it is not on a promising trend.