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With the two key decisions – one, implementing GST and the other, demonetization – being taken last year, the Union Budget 2017-18 is definitely going to be unique, even historic, in many ways. The Finance Act, 2016, started the process of phasing out of various deductions and also reduced the rate of tax to 29% in case of certain class of domestic companies. It will be interesting to see as to how the government will take this forward in the Budget 2017-18 .

Here are the Nangia’s Experts sharing expectations from Budget 2017.