Tax reforms: A tryst with history

The budget is expected to walk the talk on changing direct tax laws to make the country globally competitive

The budget will bring in changes aimed at, among other things, capitalizing on the transaction trail from the shift to digital payments in the aftermath of demonetization.

India is on the verge of initiating a singular piece of indirect tax reform that will unify the country into a single market by dismantling inter-state barriers to trade. Alongside, the budget is expected to walk the talk on changing direct tax laws to make the country globally competitive.

Source : livemint