Income tax new rules from tomorrow: All you need to know

The new financial year begins on 1 April. Union Finance Minister Nirmala Sitharaman presenting Union Budget 2021 had announced a slew of changes in the income tax rules. These changes are set to come into effect from tomorrow, 1 April 2021. So let’s take a look at the changes announced in the Union Budget in February for income tax which will come into effect from tomorrow.