The wait is finally over! Just like you, we too were waiting for one of the most important events of the financial year - Budget 2021.
It was announced by FM Nirmala Sitharam on 1st Feb 2021.
This year, Budget 2021 is going to be the first paperless budget.
The income tax changes introduced in Budget 2021 are -
- Higher limit for Tax audit
- ITR filing for senior citizens made optional
- Updated Pre-filled XML
- More time to claim deduction u/s 80EEA
- Reduced double taxation for NRIs
You can read about the Budget 2021 changes.
Check out the Budget dashboard for a Recap of Budget 2021.