<span style="color: #222222;">Finance Minister Nirmala Sitharaman will present the union budget for 2021-22 in Lok Sabha tomorrow. Indeed, this Budget bears a burden of many expectations to put India back on the path of recovery, following a deep recession induced by the COVID-19 pandemic.</span><br />” <span style="color: #222222;"> </span><br />” <span style="color: #222222;">AIR Correspondent reports that Member of Direct taxation Committee of Indian Merchants Chamber (IMC) Mr. T P Ostwal, says that this Union Budget will need to have calibrated measures to accelerate the road for economic recovery. He also expected that the government should announce more measures to enhance ease of doing business in the country as because of the covid-19 pandemic lot of people are facing difficulties particularly small and medium enterprises and unorganised sector.</span><br />” <span style="color: #222222;"> </span><br />” <span style="color: #222222;">Mr. Vikram Nankani, Chairman of Indirect taxation Committee, Indian Merchants Chamber says he has several expectations related to GST, first among them is that the government must remove restrictions on Input tax Credit as he believes it will reduce the cost of transaction.</span><br />” <br />
Budget 2021 expectations: Govt should announce more measures to enhance ease of doing business, says T P Ostwal