Taxes, housing, and income: How does the Budget work for your money

FM offers a slew on incentives for senior citizens and affordable house buyers, apart from easing tax compliance

Expectations from Union Budget 2021 were high. Given the hardships that people have endured over the past year, it was expected that there would be relief in some form or the other for the middle-class. At the same time, given the fact that the government has suffered loss of revenue due to the pandemic, it was also feared that the FM could ill-afford to loosen the purse strings. Read on to know how your money life has changed.

No change in tax slabs: The Finance Minister had introduced a new tax regime in Union Budget 2020 wherein there is an