DIRECT TAX BUDGET PROPOSALS

*DIRECT TAX BUDGET PROPOSALS*
₹ 11 lac crore tax collection from ₹ 6 lac crore tax collection in last 5 years
Corporate tax rate @ 25% for companies having ₹ 400 crore sales turnover, covering 99% companies
Investment linked incentives to select sectors under section 35 AD
1.50 lacs additional deduction on interest on loans taken for buying electric vehicles
Start ups - valuation scrutiny and identification of investors to stop