Jan 31, 2021
By: BI India BureauThis may be brought in for people working from home
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In order to push more investments in desired sectors like housing
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Currently you can avail this twice in a block of 4 years and the restriction may be eased
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There may be additional benefits for using LTA within the next year or six months
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However, the annual economic survey has argued against more sops for R&D by pvt sector
Credit: BCCL
...pvt sector should invest in R&D for its own survival, not for tax breaks
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Industry wants govt to increase sops for creating more jobs
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.. employing people at a salary of up to ₹25,000.
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Industry wants the threshold to rise
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More money in the taxpayers pocket will boost demand
Credit: BCCL