The Indian Government presented the first-ever digital Union Budget in the Parliament via the Finance Bill 2021 on 1 February 2021. The Budget was designed to give an impetus to the COVID-hit economy by focusing on fostering resilience and aiming at recovery from the impact of the pandemic. It carved out a clear path by pursuing comprehensive reform measures, aiming for social inclusion and paving the way for a speedy economic recovery without imposing additional burdens on honest taxpayers and consumers at large.
Click here for some of the key amendments that could be relevant for globally mobile employees: