FM is presenting Union Budget 2021. Markets have so far reacted positively. Sensex up 931 points at 47216 and Nifty up 260 points at 13895

FDI in insurance hiked to 74% from 49%

Government to bring LIC IPO in 2022

Proposes to increase in agriculture credit target to Rs 16.5 lakh cror

To set up a Central University in Leh, Ladakh

2020-21, fiscal deficit is pegged at 9.5% of the GDP

2021-22 is pegged at 6.8% of the GDP, Aim to bring fiscal deficit below 5% of the GDP by 2025-26

Senior Citizens above 75 years having only Pension and Interest income are exempted from filing Income Tax Returns

Tax audit limit increased from Rs 5 crore to Rs 10 crore for digital transactions

For NRIs- Proposes to elimiate Double taxation on foreign retirement fund

NO CHANGE IN I-T SLABS

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To know more join Our Live webinar on
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Update from NSE : Pre open market will open at 1 pm and normal market 1:15 pm. Pending orders will get cancelled