New Delhi, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday, February 1, proposed to increase time limit for filing revised I-T return from December 31 to March 31, on payment of nominal fee.

The minister also proposed to implement Income Tax Act, 2025, from April 1.

On the capex, she said that the target will be raised to Rs 12.2 lakh crore for FY27 from Rs 11.2 lakh crore earmarked for the current fiscal year and announced a slew of measures to boost infrastructure in the country.

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