Budget expectations 2021 has been saved
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Budget expectations 2021
Energy, Resources & Industrials
Top three asks:
- Consolidated or group taxation regime for the infrastructure sector
- Deduction in respect of employment of new employees (Section 80JJAA) in the labour-intensive manufacturing and mining sectors - to increase the salary limit to widen the scope of deduction
- A separate ‘Authority of Advance Rulings’ for Customs to boost the “Make in India” initiative