Budget 2021: FM Nirmala Sitharaman Presents Union Budget 2021 | نرملا سیتارمن نے پیش کیا مرکزی بجٹ



Financing Minister Nirmala Sitharaman has provided the Union Budget 2021-22 in Parliament. In significant modifications to the tax procedure, Sitharaman announced the scrapping of income tax for elderly people under particular conditions, new rules for removal of double taxation for NRIs, and a decrease in the time period of tax assessments to name a few steps. Start-ups will get an extension in their tax vacation for an additional year. Sitharaman also revealed that the advance tax liability on dividend earnings will occur after declaration of payment of dividend.

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