Published On : Mon, Feb 1st, 2021

The Taxpayers have earned Govt’s trust – Tejinder Singh Renu

I am very much satisfied and happy with the budget announced. It seems the Government has realised much trust on the taxpayers, whereby few compliances have been withdrawn including reducing re-opening of assessment from previous 6 years to 3 years. Healthcare & vaccination are given due advantage with more allocation of funds. A healthier India is certainly a more productive India.

Furthermore, we feared the introduction of a new Covid surcharge or likewise, however no change in tax slabs is much of a relief. Farmers & infrastructure also gets required importance, including Rs. 5976 Cr for Nagpur Metro’s Phase II.

However the hospitality sector was expecting some relief being the most hit due to the ongoing pandemic, which unfortunately got missed. Aim of minimum government, maximum governance is really appreciable.