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Interim Budget 2024 | Budget expectations: 15% tax holiday for manufacturing companies can be extended to service sector: Rajesh Gandhi

Rajesh Gandhi emphasizes the need to simplify the tax regime, reduce rates and holding periods, and allow offset between long term and short term gains. He suggests extending the tax holiday for certain industries to 30 or 40 years. Gandhi also highlights the importance of incentivizing skilled workforce movement to GIFT City through personal tax funds. He calls for a separate regulatory and tax regime for the PE sector. Additionally, he proposes extending tax-free investments in infrastructure for sovereigns, pension funds, and PE investment ....

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