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With the Union Budget 2020 to be presented on February 1, hope floats that there could be some relief on the personal taxation front. In this show, CNBC-TV18 give viewers an opportunity to put forth all your tax queries or even your appeal to the union finance minister Nirmala Sitharaman.
CNBC-TV18’s Mangalam Maloo and Sumaira Abidi are in conversation with Parizad Sirwalla, partner and head, Global Mobility Services, Tax at KPMG India and Rishi Kapadia, partner at Dhruva Advisors to answer all your tax-related queries.
Speaking about inheritance tax, Parizad said, "There is a lot of thought process that needs to go before this tax is levied and what does it set out to achieve. Personally, I don’t think there should be any mention of inheritance tax this year."
Kapadia said common man is expecting lower taxes as the government had announced huge corporate tax rate cut in September 2019, "I think it is time when there can be some rationalisation in the tax rates."
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