Honorable Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament on 01 February 2020. This Budget focused on bringing about a series of fundamental structural reforms in the Indian economy and aimed at stimulating it with various short and long-term measures.
By attempting to weave three aspects of aspiration, economic development and care, Union Budget 2020 worked towards a general goal of ensuring 'Ease of Living.'
Addressing one of the major economic issues of slowing consumption, this budget with the new simplified tax regime, was aimed at boosting incomes and enhancing purchasing power in the hands of the Aam Aadmi.
We are pleased to share BDO India's analysis of the Budget 2020, in our proprietary annual publication INDIA UNION BUDGET 2020, An Overview
Do watch Milind Kothari - Managing Partner, BDO India, share key insights on the budget proposals and how they will accelerate India's economic growth.