Forward-looking Budget eases tax compliance; ball in GST council's court

Budget can be viewed as a positive and a forward-looking in line with promoting the vision of an 'Atmanirbhar Bharat', coupled with continued efforts to ease compliance and check tax evasion.

First ever paperless budget, presented using a ‘Made-in-India’ tablet, focussed primarily on six pillars: Health and well-being, physical and financial capital and infrastructure, inclusive development for aspirational India, reinvigorating human capital, innovation and R&D, and minimum government and maximum governance. Finance Minister Nirmala Sitharaman proposed many measures in Union Budget 2021 to prop up the development agenda for flagging economy amid the COVID-19 pandemic and boost spending across sectors. 

In her Budget speech, the Hon’ble Finance Minister highlighted painstaking hard work undertaken by the GST Council towards removing difficulties from GST as well as various measures undertaken to further simplify