The tax exemption for startups has been extended for another year
Pensioners above 75 years are exempted from Income tax returns
Removed double tax for NRIs
Customs duty on solar lamps reduced by 5%
The number of people filing IT returns rose to 6.48 crore from 3.31 crore in 2014
The tax audit limit has been raised from Rs 5 crore to Rs 10 crore
The government will set aside Rs 15,700 crore in FY22 as MSME share
Margin money requirement for startups will be reduced to 15% from 25%

