Budget Blues
THE Budget 2015 has caused several apprehensions in the minds of the stakeholders and we have been getting several calls and mails seeking clarifications on several doubts. Some of them may appear outright silly, but because of the humungous confusion created by avalanches of statutes flowing in the form of Acts, Rules, Notifications, Circulars, Judgements etc and the constant fear of being hit by the unfailing demon of demands followed by draconian recovery action, the assessees are simply terror stricken.