8 Important Budget Announcements About Income Tax Every Professional Should Know

The union budget has been declared and and the average individual must be wondering how things are going to change for them in the financial year 2016-17. Over 180 announcements were made which would make it somewhat difficult to keep track of the really relevant ones. Hence, we analyzed the budget for 2016 and summarized the relevant announcements. The 8 announcements listed below are the most noteworthy topics of the budget that you should be aware of.