Implications Of Budget 2021 On Small Businesses
The Union Budget for the fiscal year 2021-22 announced last week by the finance minister, Nirmala Sitharaman, has everyone discussing it and trying to comprehend how it is going to affect businesses and individual tax-payers alike.
It was the first digital budget ever and an important one, given that it came at a time when the country is still reeling from the effects of the global pandemic and trying to slowly creep back to normal. That is the reason why small businesses and industries affected by the pandemic were looking forward to the budget to see what measures were going to be announced for them to revive and recover.