Budget 2021 could give tax sops to boost spending, extend LTC cash voucher scheme: EY

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Budget 2021 could give tax sops to boost spending, extend LTC cash voucher scheme: EY
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Budget 2021 could give tax sops to boost spending, extend LTC cash voucher scheme: EYBy Shalini Jain, ET CONTRIBUTORS
Last Updated: Jan 20, 2021, 05:43 PM IST
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Synopsis
In every budget, the government is faced with the task of introducing measures to meet its revenue needs and at the same time cater to the taxpayers' expectations for relief from taxes. Given the unprecedented times, the need to balance these requirements is much more than ever in this budget.
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The Finance Minister has indicated that Budget 2021 will be a budget like "never before" as the government looks to steer the pandemic battered economy and push growth. The FM has also mentioned that investment in health will be the top priority for the government in Budget 2021.

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