Tax Changes: A Balancing Act

The recent buzz about Union Budget 2018 likely to be an election Budget, seems to be somewhat true. The Finance Minister, in his speech, paid adequate attention to improving farmers' income, development of rural sector, increasing infrastructure investment by 20%, giving relief to senior citizen and the salaried class, etc. To balance the Budget, it seems that corporate taxation was given a back seat. Attention seemed to be on expenditure and not