Timelimit to file updated tax returns extended

The deadline to file updated tax returns has been extended from 2 years to 4 years.

Zero Income Tax till ₹12 Lakh Income under New Tax Regime

Slabs and rates being changed across the board to benefit all tax-payers

New structure to substantially reduce taxes of middle class and leave more money in their hands, boosting household consumption, savings and investment

‘Nil tax’ slab up to ₹12.00 lakh (₹12.75 lakh for salaried tax payers with standard deduction of ₹75,000)