Budget 2020-21: New Tax Regime, Digital Transactions Focus, Taxpayer Charter, Economic Boost via Infrastructure Spending.

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....The Budget 2020-21 introduces a new tax regime aimed at simplifying the tax structure and reducing tax rates. It emphasizes enhancing digital transactions to promote transparency and efficiency in financial dealings. A Taxpayer Charter is proposed to ensure fairness and accountability in tax administration. Additionally, the budget focuses on boosting the economy through significant infrastructure spending, aiming to stimulate growth and development across various sectors.....