By Finance Minister Nirmala Sitharaman, presented conferred the Union Budget 2021 on Mon in Parliament, has projected the extension of tax vacation for start-ups by one year.
Tax vacation for cheap housing has additionally been extended for an extra year until March 31, 2022, Nirmala Sitharaman declared.
“Tax vacation for startups extended by one year. Exemption on capital gains on investment in startups extended by one year,” Nirmala Sitharaman declared.
Nirmala Sitharaman additionally declared that details of capital gains and interest from banks, post offices, etc are pre-filled to more ease the filing of I-T returns
