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ARTICLE · 29 JANUARY 2018

Deal-Makers Expectations From Budget 2018

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Indian Budget has always been a mixed bag of surprises for all the stakeholders – jolts and jerks for some and relief for some.

IndiaTax
Vinita Krishnan
Vinita Krishnan
Shabnam Shaikh
Shabnam Shaikh
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Indian Budget has always been a mixed bag of surprises for all the stakeholders – jolts and jerks for some and relief for some. The Modi Government is due to present the Budget for 2018-19 on 1 February 2018 - being the last full budget before next general elections in 2019 and thus, the expectations of many are soaring. The corproate India is no exception.

In the M&A space, unclear tax provisions or provisions leaving scope for interpretation prove a hurdle in concluding a transaction. In the backdrop of the objective of improving ease of doing business in India, the Government has done a laudable job in weeding out these hurdles to the extent possible. Regardless, there are still some loose ends in the Indian income-tax law which needs to be tightened. Below are the deal makers top wish list from this Budget:

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