Union Budget 2020: Decoding tax benefits

Finance Minister Nirmala Sitharaman on Saturday announced major reforms in income tax in the first budget of the new decade.

Sitharaman, in her maiden Budget speech, announced major tax reliefs for the salaried class and reduced the tax rate for different slabs for an individual income of up to Rs 15 lakh per annum, if a taxpayer opts for foregoing exemptions and deduction.

So, watch as tax experts and economists decode the tax reforms.