The following result is obtained by our Internet Research Algorithm: Following are the benefits that an IT professional will get under budget 2020 - 1. Internship opportunity for engineers from the Government. 2. A new slab in income tax. There will be two types of income tax. a) if you want to pay as per the old slab then you will get benefits of exemptions. but b) If you want to pay as per the new slab then you will not be able to enjoy exemptions. Under new slab, there will be no tax for the annual income up to ₹5 lakhs.