Budget💰 2016: Tax revamp🔁 likely

  |   India News

Narendra Modi's administration is expected to begin a revamp🔁 of direct taxes in next month's budget💵 to be presented by Finance Minister Arun Jaitley. The Govt wants to improve⬆ the ease of doing business and create a positive➕ outlook of India's tax environment as it seeks to boost🚀 private investment. Corporate tax is expected to be lowered👏 and a plethora of exceptions are likely to be scrapped, which will make life easier for corporates😌. The budget will also take into consideration recommendations made by the Justice RV Easwar's committee👥 on simplifying tax laws.

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