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The 10 most important things you need to know about the Budget

The good news is that tax slabs and tax rates stayed the same. There was also good news for senior citizens who only earn a pension and interest income. They will now be exempted from filing income tax returns

MUMBAI: Finance minister Nirmala Sitharaman’s budget speech on Monday ran into 17,031 words. This was around 19% shorter than the speech last year, which was 20,931 words long. The Budget for 2021-22 has several new ideas to get the economy going again. At the same time, it doesn’t do much harm by introducing new taxes or stop-gap policies, even though it could have done without higher import duties. Here’s a one-stop shop for the most important details of the Budget.

Via: livemint

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