Budget 2020: New income tax rates explained in simple terms

Union Minister Piyush Goyal while addressing a press conference post budget said, 'It is a balanced Budget which prepares India for the decade ahead of us &prepares it to be a 5 trillion dollar economy. It also covers a vast canvas both on the social side, on economic development&ensures that we continue to remain an economic powerhouse.' What do the new income tax rates mean for you? Watch this report.