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Showing posts from February, 2021

Budget 2021- Key Highlights of the Budget 2021

  Key Highlights of the Budget 2021 DIRECT TAXES 1. No Change in Individual slab Rate 2. No Change in Tax Rate for Companies/Partnership firm/ AOP/BOI  3. Pensioner of Age 75 or  75+ , will not require to file ITR (Condition apply**  Only pension Income + interest on saving account on that pension income , A declaration to be filed to Bank in prescribed form) 4. Tax Audit - Tax audit required under Section 44AB                                                                  Existing                                                    New Limit a. for Professional                     ...