Tax Deductions Not Expected In Upcoming Budget, Says Taxmann

Finance Minister Nirmala Sitharaman will present the Union Budget for financial year 2021-22 on February 1. The Budget for the upcoming financial year assumes significance as it will shed light on how the government plans to revive the economy that is expected contract at 7.7 per cent for the current financial year. As part of reviving the economy, which was hit hard by the Covid-19 pandemic, the Union government had last year announ...