Twin Slabs in Budget 2020 : A- La-Carte or Buffet ? : Article by Dr. Kirti Sharma

One thing which excites the common man is the ‘finance budget’ and it is that time of the year when finance minister can assume the role of Santa for common masses. If the Santa showers tax sops, it could make a significant change in the take home pay for most of us. Choices make life more exciting and that seems to be the mantra for this year’s budget. Whether it really reduces one’s tax burden or not, keep guessing.Needless to say that the Indian tax structure as it is very complicated thanks to the direct and indirect levies and the annual budget throws a fresh challenge each year to the tax payer, ‘do you really understand me’ trick. This year’s budget is no different. The tax payer has all the reasons to be skeptical about the benefits but there are few announcements which do work in your favour.

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