The union budget for 2017 is expected to be unique in many ways. For the first time. The budget is planned to be presented In the parliament on 1 February as compared to the regular practice of presenting it on the last day of February. Defying the age old tradition, the initivative of presenting the union budget in the parliament along with the Railway budget is also a significant change this year. Further company formation in India. The big step of demoentisation by the government by the government has set the bar of expectations very high viz a viz the company incorporation in India tax reforms In the 2017. Union budget, Also the expectation of the citizens is that the success of income disclosure scheme will urge the government to take measures on order to encourage more people to come forward to file their tax returns.
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