Checkout India’s budget 2021 key Highlights

Feb 1, 2021

By: BI India Bureau

No change in Income Tax slabs

Credit: Unspalsh

Senior citizens above the age of 75 need not file IT returns

Credit: BCCL

Tax audit limit increased from Rs 5 crore to Rs 10 crore

Credit: BCCL

Timeline for reopening tax returns reduced to 3 years from 6 years

Credit: Unsplash

FM gives ₹2 lakh crore to states and autonomous bodies

We couldn’t have imagined the global slowdown during the last budget: FM

Will set up 15 health emergency centers: FM

Passenger vehicles older than 20 years will undergo fitness tests: FM

FM announces Atmanirbhar Health Yojana with an outlay of ₹64,180 crore over 6 years.

FM boosts auto sector with a voluntary vehicle scrapping policy

3 Atmanirbhar packages and 2 RBI measures are like 5 mini Budgets: FM

Credit: Unsplash

Total Covid support measures amount to 13 percent of GDP: FM

Total Covid support measures amount to ₹27.1 lakh crore: FM

Two more Covid vaccines are expected soon: FM

The government expects to spend 44.5 percent more than last year

Railways Budget 2021 expectations: More funds for faster, greener and safer trains