The aim for the current reforms is to make sure that the money reaches the hands of the taxpayer and he is free to use it as he sees fit, Sitharaman said
Budget 2020
Budget 2020: PM Modi hails ‘visionary’, ‘action packed’ Budget
Income and investment were the two words he emphasised upon in his post-Budget speech, adding that the Budget will help Indians achieve their aspirations
Budget 2020: Income tax rates, slabs changed; major benefits to those earning up to Rs 15 lakh
Terming the new tax rates and slabs as simplified one, the finance minister said that the new reduced rates would apply for those who agree to forego all other exemptions available under the Income Tax Act