Key existing initiatives get a Budget boost

No significant changes in indirect taxes, which will be replaced by GST, <b>says a PwC analysis</b>

Indirect Taxes

While the Union Budget 2017 focused on various themes and reforms, the finance minister (FM) expectedly did not make significant changes in the current regime of indirect taxes, as these will be soon replaced by the Goods and Services Tax (GST). There have nonetheless been some important announcements with regard to the progress of GST and changes which further promote the key initiatives of the government, such as ‘Make in India’, digitisation, ease of doing business, etc.

GST: Soon to be a reality

The FM in his Budget speech highlighted the substantial progress made towards ushering