Union Budget 2021 Live Blog: No Changes In Personal Tax Slabs
Get detailed analysis of Budget for FY2022 and latest news and updates by FM Nirmala Sitharaman here on Boom Live.
The Union Budget for financial year 2021 - 2022 will be unveiled by Finance Minister Nirmala Sitharaman in Parliament on February 1. Sitharaman has already set the tone by calling it a "budget like never before."
A lot of expectations have been built up ahead of this year's budget with all eyes on the finance minister. India is currently in a technical recession as it reels from the pain of the nationwide lockdown imposed in March 2020 to combat COVID-19 pandemic; a once in a generation health crisis that has currently wrecked the global economy.
This is where you will find all live updates from BOOM through our blog.
Live Updates
- 1 Feb 2021 7:04 AM GMT
A new dispute settlement committee for taxpayers
The committee will be faceless, for tax amount upto ₹50 lakh and disputed amount upto ₹10 lakh shall be eligible to approach the committee
- 1 Feb 2021 7:01 AM GMT
Compliance relief for 75 years and above senior citizens
Exemptions from filing IT returns on this category only earning from pension and interest